Long-term changes in labor supply and taxes: Evidence from OECD countries, 1956-2004

A-Tier
Journal: Journal of Monetary Economics
Year: 2008
Volume: 55
Issue: 8
Pages: 1353-1362

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We document large differences in trend changes in hours worked across OECD countries between 1956 and 2004. We assess the extent to which these changes are consistent with the intratemporal first order condition from the neoclassical growth model, augmented with taxes on labor income and consumption expenditures. We find that the model can account for most of the trend changes in hours worked measured in the data. Differences in taxes explain much of the variation in hours worked both over time and across countries.

Technical Details

RePEc Handle
repec:eee:moneco:v:55:y:2008:i:8:p:1353-1362
Journal Field
Macro
Author Count
3
Added to Database
2026-01-26