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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23362 |
来源ID | Working Paper 23362 |
Using Non-Linear Budget Sets to Estimate Extensive Margin Responses: Method and Evidence from the Social Security Earnings Test | |
Alexander M. Gelber; Damon Jones; Daniel W. Sacks; Jae Song | |
发表日期 | 2017-05-01 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We develop a method for estimating the effect of a kinked or notched budget set on workers’ employment decisions, and we use it to estimate the impact of the Social Security Old-Age and Survivors Insurance (OASI) Annual Earnings Test (AET). The AET reduces OASI claimants’ current OASI benefits in proportion to their earnings in excess of an exempt amount. Using a Regression Kink Design and Social Security Administration data, we document that the discontinuous change in the benefit reduction rate at the exempt amount causes a corresponding change in the slope of the employment rate. We develop conditions in a general setting under which we can use such patterns to estimate the elasticity of the employment rate with respect to the effective average net-of-tax rate. Our resulting point estimate for the AET indicates an elasticity of at least 0.49, suggesting that the AET reduces employment by more than one percentage point in the group we study. |
主题 | Public Economics ; Taxation ; National Fiscal Issues ; Labor Economics ; Demography and Aging ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w23362 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581036 |
推荐引用方式 GB/T 7714 | Alexander M. Gelber,Damon Jones,Daniel W. Sacks,et al. Using Non-Linear Budget Sets to Estimate Extensive Margin Responses: Method and Evidence from the Social Security Earnings Test. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23362.pdf(1047KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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