MARC Record from Library of Congress

LEADER: 02155nam a22003017a 4500
001 2009656003
003 DLC
005 20090827121523.0
007 cr |||||||||||
008 090616s2009 mau sb 000 0 eng
010 $a 2009656003
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aSaez, Emmanuel.
245 14 $aThe elasticity of taxable income with respect to marginal tax rates$h[electronic resource] :$ba critical review /$cEmmanuel Saez, Joel B. Slemrod, Seth H. Giertz.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2009.
490 1 $aNBER working paper series ;$vworking paper 15012
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 6/16/2009.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"This paper critically surveys the large and growing literature estimating the elasticity of taxable income with respect to marginal tax rates (ETI) using tax return data. First, we provide a theoretical framework showing under what assumptions this elasticity can be used as a sufficient statistic for efficiency and optimal tax analysis. We discuss what other parameters should be estimated when the elasticity is not a sufficient statistic. Second, we discuss conceptually the key issues that arise in the empirical estimation of the elasticity of taxable income using the example of the 1993 top individual income tax rate increase in the United States to illustrate those issues. Third, we provide a critical discussion of most of the taxable income elasticities studies to date, both in the United States and abroad, in light of the theoretical and empirical framework we laid out. Finally, we discuss avenues for future research"--National Bureau of Economic Research web site.
700 1 $aSlemrod, Joel.
700 1 $aGiertz, Seth H.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 15012.
856 40 $uhttp://papers.nber.org/papers/w15012