European University Institute Library

Labor supply and taxation, Richard Blundell ; edited by Andreas Peichl, Klaus F. Zimmermann

eng

Includes bibliographical references and index

illustrations

index present

non fiction

Labor supply and taxation

bibliography

946705473

Richard Blundell ; edited by Andreas Peichl, Klaus F. Zimmermann

IZA Prize in Labor Economics series

This volume presents Richard Blundell's outstanding research on the modern economic analysis of labor markets and public policy reforms. Professor Blundell's hugely influential work has enhanced greatly our understanding of how individuals' behavior on the labor market respond to taxation and social policy influence. Edited by IZA, this volume brings together the author's key papers, some co-authored and some unpublished, with new introductions and an epilogue. It covers some of the main research insights in the study of labor supply. The question of how individuals adapt their behavior in response to policy changes is one of the most investigated topics in empirical labor and public economics. Do people reduce their working hours if governments decide to raise taxes? Might they even withdraw completely from the labor market? Labor supply estimations are extensively used for various policy analyses and economic research. Labor supply elasticities are key information when evaluating tax-benefit policy reforms and their effect on tax revenue, employment, and redistribution. The chapters cover empirical and theoretical developments as well as applications to tax and welfare reform, and each represents a substantive research contribution from Blundell's publications in top research outlets.--, Provided by Publisher

Part I: Introduction by the Editors: Taxation and Labor Supply - Revisiting the Contributions by Richard Blundell, Andreas Peichl and Klaus F. Zimmermann Part II: Overview Introduction 1: Tax Policy Reform: The Role of Empirical Evidence 2: Labour Supply and the Extensive Margin Part III: Concenptual Contributions to Labor Supply Modelling Introduction 3: Modelling the Joint Determination of Household Labour and Supplies and Commodity Demands 4: A Life-Cycle Consistent Empirical Model of Family Labour Supply Using Cross-Section Data 5: Unemployment and Female Labour Supply 6: Estimating Labor Supply Responses Using Tax Reforms 7: Job Changes and Hours Changes: Understanding the Path of Labour Supply Adjustment Part IV: Policy Applications Introduction 8: The Labour Market Impact of the Working Families' Tax Credit 9: Work Incentives and 'In-Work' Benefit Reforms: A Review 10: Evaluating the Employment Impact of a Mandatory Job Search Program 11: Welfare-to-Work: Which Policies Work and Why? 12: Earned Income Tax Credit Policies: Impact and Optimality 13: Employment, Hours of Work and the Optimal Taxation of Low Income Families Part V: Conclusions and Future Directions