We examine how tax avoidance in the form of trade in well-functioning asset markets affects the basic labor supply model. We argue that models that integrate tax arbitrage and labor supply decisions may shed light on a number of positive and normative questions concerning modern systems of income ta...

Ausführliche Beschreibung

Bibliographische Detailangaben

Hauptverfasser:	Agell, Jonas 1957- (VerfasserIn), Persson, Mats (VerfasserIn)
Format:	Buch
Sprache:	English
Veröffentlicht:	Cambridge, Mass. 1998
Schriftenreihe:	National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6708
Schlagworte:	Impôt sur le revenu - Suède - Modèles économétriques Marché du travail - Effets de l'impôt - Suède Évasion fiscale - Suède - Modèles économétriques Ökonometrisches Modell Income tax > Sweden > Econometric models Labor supply > Effect of taxation on > Sweden Tax planning > Sweden > Econometric models Schweden
Online-Zugang:	Volltext
Zusammenfassung:	We examine how tax avoidance in the form of trade in well-functioning asset markets affects the basic labor supply model. We argue that models that integrate tax arbitrage and labor supply decisions may shed light on a number of positive and normative questions concerning modern systems of income taxation. Such models also appear to have strong implications for empirical research. Studies that ignore the effects of tax arbitrage and asset trade on labor supply incentives may easily come up with biased estimates of the tax responsiveness of the hours supply of high-wage individuals. Finally, because of tax avoidance in the form of asset trade, international comparisons of income inequality will exaggerate the redistributive achievements of high-tax countries like Sweden.
Beschreibung:	34 S. graph. Darst.