EconPapers    
Economics at your fingertips  
 

Income and Substitution Effects of Estate Taxation

James Hines ()

American Economic Review, 2013, vol. 103, issue 3, 484-88

Abstract: This paper evaluates the effect of estate taxes on labor supply. The analysis decomposes the effect of estate taxation into the substitution effect of relative price changes and the two income effects for which the estate tax is responsible. These two income effects arise from tax burdens on those who leave estates plus tax burdens on those who receive them. Despite the double income burden of the estate tax, existing empirical evidence suggests that the net effect of estate taxation on aggregate labor supply is uncertain.

JEL-codes: D14 D64 H21 H24 H71 (search for similar items in EconPapers)
Date: 2013
Note: DOI: 10.1257/aer.103.3.484
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed

Downloads: (external link)
http://www.aeaweb.org/articles.php?doi=10.1257/aer.103.3.484 (application/pdf)
http://www.aeaweb.org/aer/ds/may2013/P2013_4366_ds.zip (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:aecrev:v:103:y:2013:i:3:p:484-88

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

Access Statistics for this article

American Economic Review is currently edited by Esther Duflo

More articles in American Economic Review from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().

 
Page updated 2019-07-22
Handle: RePEc:aea:aecrev:v:103:y:2013:i:3:p:484-88