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Replication data for: A Road Map for Efficiently Taxing Heterogeneous Agents

Version
V0
Resource Type
Dataset
Creator
  • Karabarbounis, Marios
Publication Date
2016-04-01
Description
  • Abstract

    This paper characterizes optimal labor income taxes that depend on age, household assets, and filing status (one or two earners) within a life-cycle model with heterogeneous, two-member households. The key innovation is a labor supply elasticity that varies endogenously among households. I find that tax distortions should be hump shaped in age, decrease in household assets, and be lower for joint relative to single filers. Age and assets act as complements within the optimal tax policy. Overall, a tax system using all three tags can increase consumption up to 6.4 percent and welfare up to 1.5 percent. (JEL D14, D91, H21, H24, J22, J31)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/mac.20140274 (Text)
Publications
  • Karabarbounis, Marios. “A Road Map for Efficiently Taxing Heterogeneous Agents.” American Economic Journal: Macroeconomics 8, no. 2 (April 2016): 182–214. https://doi.org/10.1257/mac.20140274.
    • ID: 10.1257/mac.20140274 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-07

Karabarbounis, Marios (2016): Replication data for: A Road Map for Efficiently Taxing Heterogeneous Agents. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E116398