000 | 02339cam a22003257 4500 | ||
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001 | w9226 | ||
003 | NBER | ||
005 | 20211020113128.0 | ||
006 | m o d | ||
007 | cr cnu|||||||| | ||
008 | 210910s2002 mau fo 000 0 eng d | ||
100 | 1 |
_aGentry, William M. _911252 |
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245 | 1 | 4 |
_aThe Effects of Progressive Income Taxation on Job Turnover / _cWilliam M. Gentry, R. Glenn Hubbard. |
260 |
_aCambridge, Mass. _bNational Bureau of Economic Research _c2002. |
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300 |
_a1 online resource: _billustrations (black and white); |
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490 | 1 |
_aNBER working paper series _vno. w9226 |
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500 | _aSeptember 2002. | ||
520 | 3 | _aWe examine whether the level of the income tax rate and the convexity of the income tax schedule affect job mobility, as measured by moving to a better job. While the predicted effect of the level of the tax rate is ambiguous, we predict that an increase in the convexity of the tax schedule decreases job search activity by taxing away some of the benefits of a successful job search. Using data from the Panel Study of Income Dynamics, we estimate that both higher tax rates and increased tax rate progressivity decrease the probability that a head of household will move to a better job during the coming year. Our estimates imply that a five-percentage-point reduction in the marginal tax rate increases the average probability of moving to a better job by 0.79 percentage points (a 8.0 percent increase in the turnover propensity) and that a onestandard- deviation in our measure of tax progressivity would increase this probability by 0.86 percentage points (a 8.7 percent increase in the turnover propensity). | |
530 | _aHardcopy version available to institutional subscribers | ||
538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
538 | _aMode of access: World Wide Web. | ||
588 | 0 | _aPrint version record | |
690 | 7 |
_aH3 - Fiscal Policies and Behavior of Economic Agents _2Journal of Economic Literature class. |
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700 | 1 |
_aHubbard, R. Glenn. _913147 |
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710 | 2 | _aNational Bureau of Economic Research. | |
830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w9226. |
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856 | 4 | 0 | _uhttps://www.nber.org/papers/w9226 |
856 |
_yAcceso en lĂnea al DOI _uhttp://dx.doi.org/10.3386/w9226 |
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_2ddc _cW-PAPER |
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_c338960 _d297522 |