The Effect of the Elderly on Taxation and Minimum Wages in the US States

Kimiko Terai, Amihai Glazer and Naomi Miyazato
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Kimiko Terai: Keio University
Amihai Glazer: University of California
Naomi Miyazato: Nihon University

Chapter Chapter 6 in The Political Economy of Population Aging, 2021, pp 83-94 from Springer

Abstract: Abstract Consider individual labor supply and consumption from the life-cycle perspective. Because many of the elderlyElderly are retired, they may little directly benefit from state policies that increase wage income. But they may benefit indirectly: lower taxes on labor may consequently increase labor supply and reduce the price of services the elderly buy, for instance, nursing care.

Date: 2021
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DOI: 10.1007/978-981-16-5536-4_6

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