Income Taxes, Gross Hourly Wages, and the Anatomy of Behavioral Responses. Evidence from a Danish Tax Reform.

Autor/inn/en	Sumiya, Kazuhiko; Bagger, Jesper
Institution	Aarhus Universitet / Institut for økonomi
Titel	Income Taxes, Gross Hourly Wages, and the Anatomy of Behavioral Responses. Evidence from a Danish Tax Reform. Gefälligkeitsübersetzung: Einkommensteuern, Bruttostundenlöhne und die Anatomie von Verhaltensreaktionen : Evidenz aus einer dänischen Steuerreform.
Quelle	Aarhus (2022), 45 S. PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2) Link als defekt meldenVerfügbarkeit
Reihe	Economics working papers / Department of Economics and Business Economics, University of Aarhus. 2022-03
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Bildung; Ehemann; Bildung; Dänemark; Einkommensteuer; Investition; Mann; Reformpolitik; Steuer; Steuerpolitik; Ehemann; Auswirkung; Ehepaar; Arbeitsplatzwechsel; Lohnhöhe; Reformpolitik; Bruttoeinkommen; Einkommenseffekt; Einkommensteuer; Investition; Lohnhöhe; Steuer; Steuerpolitik; Arbeitskräfteangebot; Arbeitsplatzwechsel; Erwerbstätiger; Individuelle Arbeitszeit; Arbeitspapier; Auswirkung; Ehepaar; Mann; Dänemark
Abstract	"This paper provides quasi-experimental evidence on the effects of income taxes on gross hourly wages by utilizing administrative data and a tax reform in Denmark. The reform introduced joint taxation to a middle tax bracket, bringing large changes to the tax system facing married couples. Using variation in spousal income for identification, we present non-parametric graphical evidence based on a difference-in-differences design among working married males. First, we find heterogeneous effects across income levels. For low-income workers, taxes have negative and dynamic effects on wages. Their elasticity of wages (with respect to net-of-marginal-tax rates) is close to one. For higher-income workers, the effects are small and static, with an elasticity of approximately 0.2. Second, wages respond to taxes through human capital accumulation and job changes. Finally, with smaller magnitudes than wages, daily hours worked also respond negatively to taxes, which contrasts with the prediction from a standard labor supply-and-demand model." The study refers to the period 1983-1993. (Author's abstract, IAB-Doku)..
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2023/1