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Stochastic Problems in the Simulation of Labor Supply

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NBER1981-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0788
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Modern work in labor supply attempts to account for nonlinear budget sets created by government tax and transfer programs. Progressive taxation leads to nonlinear convex budget sets while the earned income credit, social security contributions, AFDC, and the proposed NIT plans all lead to nonlinear,
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1981-10-01
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