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Replication data for: Corporate Income Tax, Legal Form of Organization, and Employment

Version
1
Resource Type
Dataset
Creator
  • Chen, Daphne
  • Qi, Shi
  • Schlagenhauf, Don
Publication Date
2017-12-31
Description
  • Abstract

    A dynamic stochastic occupational choice model with heterogeneous agents is developed to evaluate the impact of a corporate income tax reduction on employment. In this framework, the key margin is the endogenous entrepreneurial choice of legal form of organization. A reduction in the corporate income tax burden encourages adoption of the C corporation legal form, which reduces capital constraints on firms. Improved capital reallocation increases overall productive efficiency in the economy and therefore expands the labor market. Relative to the benchmark economy, a corporate income tax cut can reduce the non-employment rate by up to 7 percent.
Availability
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Relations
  • Is supplemented by
    DOI: 10.1257/mac.20140103 (Text)
Publications
  • Chen, Daphne, Shi Qi, and Don Schlagenhauf. “Corporate Income Tax, Legal Form of Organization, and Employment.” American Economic Journal: Macroeconomics 10, no. 4 (October 2018): 270–304. https://doi.org/10.1257/mac.20140103.
    • ID: 10.1257/mac.20140103 (DOI)

Update Metadata: 2019-10-13 | Issue Number: 1 | Registration Date: 2019-10-13

Chen, Daphne; Qi, Shi; Schlagenhauf, Don (2017): Replication data for: Corporate Income Tax, Legal Form of Organization, and Employment. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. http://doi.org/10.3886/E114094V1