Asymmetric responses to income changes: The payroll tax increase versus tax refund in 2013

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 124
Issue: 3
Pages: 534-538

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

We examine low-to-middle income individuals’ responses to the 2013 payroll tax increase and their 2012 tax refund and find that consumption  declines  90 cents per dollar lost to the tax increase, and  rises  60 cents per additional tax refund dollar.

Technical Details

RePEc Handle
repec:eee:ecolet:v:124:y:2014:i:3:p:534-538
Journal Field
General
Author Count
2
Added to Database
2026-01-25