Employment and Taxes.
This paper considers the impact of taxation policy on market work. On the basis of theevidence, we find that a 10 percentage point rise in the tax wedge will reduce overall labourinput provided via the market by around 2 per cent of the population of working age. The taxwedge is the sum of the payro...
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| Format: | Working paper |
| Language: | English |
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Centre for Economic Performance, LSE,
2004
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| _version_ | 1797103079400669184 |
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| author | Nickell, S |
| author_facet | Nickell, S |
| author_sort | Nickell, S |
| collection | OXFORD |
| description | This paper considers the impact of taxation policy on market work. On the basis of theevidence, we find that a 10 percentage point rise in the tax wedge will reduce overall labourinput provided via the market by around 2 per cent of the population of working age. The taxwedge is the sum of the payroll, income and consumption tax rates.This only explains a minority of the market work differentials across count ries. Muchof the remainder is probably down to the differences in the social security systems supportingthe unemployed, the sick and disabled and the early retired. |
| first_indexed | 2024-03-07T06:14:58Z |
| format | Working paper |
| id | oxford-uuid:f0c5571a-2629-4301-adcb-e852e3a87514 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T06:14:58Z |
| publishDate | 2004 |
| publisher | Centre for Economic Performance, LSE, |
| record_format | dspace |
| spelling | oxford-uuid:f0c5571a-2629-4301-adcb-e852e3a875142022-03-27T11:50:42ZEmployment and Taxes.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:f0c5571a-2629-4301-adcb-e852e3a87514EnglishDepartment of Economics - ePrintsCentre for Economic Performance, LSE,2004Nickell, SThis paper considers the impact of taxation policy on market work. On the basis of theevidence, we find that a 10 percentage point rise in the tax wedge will reduce overall labourinput provided via the market by around 2 per cent of the population of working age. The taxwedge is the sum of the payroll, income and consumption tax rates.This only explains a minority of the market work differentials across count ries. Muchof the remainder is probably down to the differences in the social security systems supportingthe unemployed, the sick and disabled and the early retired. |
| spellingShingle | Nickell, S Employment and Taxes. |
| title | Employment and Taxes. |
| title_full | Employment and Taxes. |
| title_fullStr | Employment and Taxes. |
| title_full_unstemmed | Employment and Taxes. |
| title_short | Employment and Taxes. |
| title_sort | employment and taxes |
| work_keys_str_mv | AT nickells employmentandtaxes |