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Consumption Insurance Against Wage Risk: Family Labor Supply and Optimal Progressive Income Taxation

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NBER2019-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26466
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We show that a calibrated life-cycle two-earner household model with endogenous labor supply can rationalize the extent of consumption insurance against shocks to male and female wages, as estimated empirically by Blundell, Pistaferri and Saporta-Eksten (2016) in U.S. data. In the model, 35% of male
提供机构:
美国国家经济研究局
创建时间:
2019-11-01
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