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  1. Did the 2017 tax reform discriminate against blue state voters?
    Erschienen: April 2019
    Verlag:  National Bureau of Economic Research, Cambridge, MA

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1 (25770)
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
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    Schriftenreihe: Working paper series / National Bureau of Economic Research ; 25770
    Schlagworte: Steuerreform; Steuerwirkung; Steuersenkung; Lebenszyklus; USA
    Umfang: 26 Seiten, Illustrationen
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  2. Did the 2017 tax reform discriminate against blue state voters?
    Erschienen: [2019]
    Verlag:  Federal Reserve Bank of Atlanta, Atlanta, GA

    The Tax Cut and Jobs Act of 2017 (TCJA) made significant changes to corporate and personal federal income taxation, including limiting the SALT (state and local property, income and sales taxes) deductibility to $10,000. States with high SALT tend to... mehr

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    The Tax Cut and Jobs Act of 2017 (TCJA) made significant changes to corporate and personal federal income taxation, including limiting the SALT (state and local property, income and sales taxes) deductibility to $10,000. States with high SALT tend to vote Democratic. This paper estimates the differential effect of the TCJA on red- and blue-state taxpayers and investigates the importance of the SALT limitation to this differential. We calculate the effect of permanent implementation of the TCJA on households using The Fiscal Analyzer: a life-cycle, consumption-smoothing program incorporating all major federal and state fiscal policies. We find that the average percentage increase in remaining lifetime spending under the TCJA is 1.6 percent in red states versus 1.3 percent in blue states. Among the richest 10 percent of households, this differential is larger. Rich households in red states enjoyed a 2.0 percent increase compared to a 1.2 percent increase among the rich in blue-state households. This gap is driven almost entirely by the limitation on the SALT deduction. Excluding the SALT limitation from the TCJA results in a spending gain of 2.6 percent for rich red-state households compared to 2.7 percent for rich blue-state households.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/200545
    Schriftenreihe: Working paper series / Federal Reserve Bank of Atlanta ; 2019, 7 (April 2019)
    FRB Atlanta Working Paper ; No. 2019-7
    Schlagworte: Steuerreform; Steuerwirkung; Steuersenkung; Lebenszyklus; USA
    Umfang: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  3. Estimating occupation- and location-specific wages over the life cycle
    Erschienen: [2021]
    Verlag:  Federal Reserve Bank of Atlanta, Atlanta, GA

    In this paper we develop a novel method to project location-specific life-cycle wages for all occupations listed in the Occupational Outlook Handbook from the U.S. Bureau of Labor Statistics. Our method consists of two steps. In the first step, we... mehr

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    In this paper we develop a novel method to project location-specific life-cycle wages for all occupations listed in the Occupational Outlook Handbook from the U.S. Bureau of Labor Statistics. Our method consists of two steps. In the first step, we use individual-level data from the Current Population Survey to estimate the average number of years of potential labor market experience that is associated with each percentile of the education-level specific wage distribution. In the second step, we map this estimated average years of experience to the wage-level percentiles reported in the Occupational Employment and Wage Statistics data for each occupation and area. Finally, we develop a model capable of projecting the trajectory of wages across all possible years of experience for each occupation.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/244318
    Schriftenreihe: Working paper series / Federal Reserve Bank of Atlanta ; 2021, 15 (June 2021)
    Schlagworte: wage growth; wages; experience; education; earnings; Mincer earnings function
    Umfang: 1 Online-Ressource (circa 21 Seiten), Illustrationen
  4. Does access to free pre-kindergarten increase maternal labor supply?
    Erschienen: [2022]
    Verlag:  Federal Reserve Bank of Atlanta, Atlanta, GA

    In this paper, we evaluate the effects of free pre-kindergarten (pre-K) programs on the labor force participation (LFP) of mothers. We use variation in pre-K rules across all US states, including income eligibility requirements in some states. To... mehr

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    In this paper, we evaluate the effects of free pre-kindergarten (pre-K) programs on the labor force participation (LFP) of mothers. We use variation in pre-K rules across all US states, including income eligibility requirements in some states. To estimate the causal effects of access to pre-K on labor supply, we exploit the panel aspect of the monthly Current Population Survey between 2002 and 2019. Specifically, we look at the change in labor market behavior of women when their child becomes age-eligible for pre-K, controlling for individual factors. We find that access to free pre-K programs increases overall maternal LFP by 2.3 percentage points. In particular, we find that mothers with the following demographic characteristics significantly increase their labor supply as a result of an access to free pre-K: married, college educated, residents of metropolitan areas, and with income either below 200 percent or above 400 percent of the federal poverty level. Our results are robust across a series of placebo tests and alternative specifications and sample restrictions.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/270446
    Schriftenreihe: Working paper series / Federal Reserve Bank of Atlanta ; 2022, 3 (February 2022)
    Schlagworte: maternal labor force participation; childcare policies; universal pre-K; gender equality policies; early education policies
    Umfang: 1 Online-Ressource (circa 29 Seiten)