Taxation and the Labor Supply: Decisions of the Affluent

Robert Moffitt and Mark Wilhelm

No 6621, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: We examine the effect of the 1996 Tax Reform Act on the labor supply of affluent men. The Act reduced marginal tax rates for the affluent more than for other taxpayers. Using instrumental-variables methods with a variety of identifying variables, we find essentially no responsiveness of the hours of work of high-income men to the tax reduction. However, we do find hourly wage rates of such men to have increased over the period.

JEL-codes: H2 J22 (search for similar items in EconPapers)
Date: 1998-06
New Economics Papers: this item is included in nep-pub
Note: PE
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Published as Slemrod, J. (ed.) Does Atlas Shrug? Economic Consequences of Taxing the Rich. Russell Sage Foundation and Harvard University Press, 2000.

Downloads: (external link)
http://www.nber.org/papers/w6621.pdf (application/pdf)

Related works:
Working Paper: Taxation and the Labor Supply - Decisions of the Affluent (2000)
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:nbr:nberwo:6621

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w6621

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by (wpc@nber.org).