Marriage Stability, Taxation and Aggregate Labor Supply in the U.S. vs. Europe

Optimal Taxation, Marriage, Home Production, and Family Labor Supply

This paper develops an empirical approach to optimal income taxation design within an equilibrium collective marriage market model. Taxes distort labour supply and time allocation decisions, as well as marriage market outcomes, and the within household decision process. Using data from the American Community Survey and American Time Use Survey we structurally estimate our model and explore empi...

Taxation and Labor Supply Decisions:

Marriage with Labor Supply

One of the key issues in understanding how tax policies affect labour supply is intrahousehold allocation of time and consumption. This is in particular the case of welfare benefits aimed at providing a safety net against poverty and work incentives at the same time, such as the Working Family Tax Credit programme in the UK (and the Earned Income Tax Credit in the US). The models used to addres...

Aggregate Labor Supply

___________________________________________________________________ There have been tremendous advances in macroeconomics, following the introduction of labor supply into the field. Today it is widely acknowledged that labor supply matters for many key economic issues, particularly for business cycles and tax policy analysis. However, the extent to which labor supply matters for such questions ...

Marriage, female labor supply, and Asian zodiacs

Marital status and labor supply decisions could be correlated on the unobservable. Using South Korean data, this paper exploits exogenous selection into marriage caused by an eccentric cultural phenomenon—preferences for wives’ zodiacal signs—to estimate the causal effect of marital status on female labor force participation. D 2005 Elsevier B.V. All rights reserved.