Arbeitspapier
Optimal Income Taxation with Unemployment and Wage Responses: A Sufficient Statistics Approach
We derive a sufficient statistics optimal income tax formula in a general model that incorporates unemployment and endogenous wages, to study the shape of the tax and transfer system at the bottom of the income distribution. The sufficient statistics are the macro employment response to taxation and the micro and macro participation responses. We estimate these statistics using policy variation from the U.S. tax and transfer system. Our results suggest that the optimal tax more closely resembles a Negative Income Tax than an Earned Income Tax Credit relative to the case where unemployment and wage responses are not taken into account.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 6686
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kroft, Kory
Kucko, Kavan
Lehmann, Etienne
Schmieder, Johannes Friedrich
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Kroft, Kory
- Kucko, Kavan
- Lehmann, Etienne
- Schmieder, Johannes Friedrich
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2017
Ähnliche Objekte (12)
Optimal Income Taxation with Unemployment and Wage Responses: A Sufficient Statistics Approach
Sufficient Statistics
Sufficient Statistics for Frictional Wage Dispersion and Growth
Sufficient Statistics for Frictional Wage Dispersion and Growth
Isabela Mares : Taxation, wage bargaining, and unemployment
Are Sufficient Statistics Necessary? Nonparametric Measurement of Deadweight Loss from Unemployment Insurance
Topological Summaries and Sufficient Statistics
Extremal families and systems of sufficient statistics
United Kingdom unemployment statistics
Taxation, employment and unemployment
An Experimental Investigation of Wage Taxation and Unemployment in Closed and Open Economies
Characterization of exponential families by the existence of sufficient statistics
Optimal Income Taxation with Unemployment and Wage Responses: A Sufficient Statistics Approach
Sufficient Statistics
Sufficient Statistics for Frictional Wage Dispersion and Growth
Sufficient Statistics for Frictional Wage Dispersion and Growth
Isabela Mares : Taxation, wage bargaining, and unemployment
Are Sufficient Statistics Necessary? Nonparametric Measurement of Deadweight Loss from Unemployment Insurance
Topological Summaries and Sufficient Statistics
Extremal families and systems of sufficient statistics
United Kingdom unemployment statistics
Taxation, employment and unemployment
An Experimental Investigation of Wage Taxation and Unemployment in Closed and Open Economies
Characterization of exponential families by the existence of sufficient statistics
Optimal Income Taxation with Unemployment and Wage Responses: A Sufficient Statistics Approach
Sufficient Statistics
Sufficient Statistics for Frictional Wage Dispersion and Growth
Sufficient Statistics for Frictional Wage Dispersion and Growth
Isabela Mares : Taxation, wage bargaining, and unemployment
Are Sufficient Statistics Necessary? Nonparametric Measurement of Deadweight Loss from Unemployment Insurance
Topological Summaries and Sufficient Statistics
Extremal families and systems of sufficient statistics
United Kingdom unemployment statistics
Taxation, employment and unemployment
An Experimental Investigation of Wage Taxation and Unemployment in Closed and Open Economies