Taxation and market work
Subtitle: is scandinavia an outlier?
By: Richard Rogerson.
Contributors: Rogerson, Richard.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 12890; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 12890.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "This paper argues that it is essential to explicitly consider how the government spends tax revenues when assessing the effects of tax rates on aggregate hours of market work.  Different forms of government spending imply different elasticities of hours of work with regard to tax rates.  I illustrate the empirical importance of this point by addressing the issue of hours worked and tax rates in three sets of economies: the US, Continental Europe and Scandinavia.  While tax rates are highest in Scandinavia, hours worked in Scandinavia are significantly higher than they are in Continental Europe.  I argue that differences in the form of government spending can potentially account for this pattern"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 5/11/2007.

Includes bibliographical references.

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