Estimating the welfare cost of taxation in a labour market with Unemployment and non-participation

Files in This Item:
File Description SizeFormat 
hoganv_workpap_008.pdf211.71 kBAdobe PDFDownload
Title: Estimating the welfare cost of taxation in a labour market with Unemployment and non-participation
Authors: Hogan, Vincent (Vincent Peter)
Permanent link: http://hdl.handle.net/10197/912
Date: Feb-1999
Abstract: The standard public finance analysis of the welfare cost of labour income taxation is based on the estimation of labour supply functions that treat unemployed individuals as non-participants. This paper applies econometric models of multinomial discrete choice to the labour market, explicitly allowing individuals to be in any of three possible states (employment, unemployment and non-participation). Based on these estimates, we present calculations of the dead-weight loss of taxes, which turn out to be much larger than those suggested by the standard literature.
Type of material: Working Paper
Publisher: University College Dublin. School of Economics
Series/Report no.: UCD Centre for Economic Research Working Paper Series; WP99/2
Copyright (published version): UCD School of Economics 1999
Subject LCSH: Labor market--Econometric models
Taxation
Unemployment
Other versions: http://www.ucd.ie/economics/research/papers/1999/WP99.02.pdf
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

Show full item record

Google ScholarTM

Check


This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.