Micro vs Macro Labor Supply Elasticities: The Role of Dynamic Returns to Effort
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We investigate long-run earnings responses to taxes in the presence of dynamic returns to effort. First, we develop a theoretical model of earnings determination with dynamic returns to effort. In this model, earnings responses are delayed and mediated by job switches. Second, using administrative
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美国国家经济研究局创建时间：
2023-08-01
