哈维罗森-财政学(第八版)英文课件Chapter-18.ppt

CHAPTER18

PERSONALTAXATIONANDBEHAVIOR

LaborSupplyHoursofleisureperweekIncomeperweek0TtimeendowmentD|Slope|=wFGLeisureWorkiiiiiiE1Income

EffectsofTaxationHoursofleisureperweekIncomeperweek0TD|Slope|=wFGiiiiiE1iIE2|Slope|=(1-t)wHG’HoursofworkbeforetaxHoursofworkaftertax

EffectsofTaxationHoursofleisureperweekIncomeperweek0TDFGiiiiiE1iJE3HKHoursofworkbeforetaxHoursofworkaftertax

EffectsofTaxationHoursofleisureperweekIncomeperweek0TDFNE1PE4Hoursofworkbeforetax|Slope|=w|Slope|=(1-t1)w|Slope|=(1-t2)w|Slope|=(1-t2)w(1-t1)$5,000(1-t1)$5,000+(1-t2$5,000

EmpiricalFindingsEissa[2001]MalesFemales

SomeCaveatsDemand-sideconsiderationsIndividualversusgroupeffectsOtherdimensionsoflaborsupplyThecompensationpackageTheexpenditureside

LaborSupplyandTaxRevenuesHours

perweekWagerate

perhourSLwL0(1-t1)wL1dbac(1-t2)wefL2k(1-t3)whiL3j(1-tA)wLA

TaxRatesversustaxrevenue–LafferCurveTaxrateTaxrevenuet1t2tAt3

DebateOvertheLafferCurveTheLaffercurveandtheelasticityoflaborsupplyWhereontheLaffercurveistheeconomyoperating?EmpiricalestimatesoftheelasticityoflaborsupplyOtherwaystaxratescanaffecttaxrevenuesDeterminingtheoptimaltaxrate

SavingPresentconsumption(c0)Futureconsumptionc1EndowmentpointI0I1MN?Slope?=1+rE1c0*c1*iiiiiiSaving

DeductibleInterestPaymentsandTaxableInterestReceiptsPresentconsumption(c0)Futureconsumptionc1I0I1MNAfter-taxbudgetline

?Slope?=1+(1-t)rE1c0*c1*SavingbeforetaxQPAc0tc1tSaving

after

tax

DeductibleInterestPaymentsandTaxableInterestReceiptsPresentconsumption(c0)Futureconsumptionc1I0I1MNAfter-taxbudgetline

?Slope?=1+(1-t)rE1c0*c1*SavingbeforetaxQPAc0tc1tSaving

after

tax

NondeductibleInterestPaymentsandTaxableInterestReceiptsPresentconsumption(c0)Futureconsumptionc1I0I1MNAfter-taxbudgetline

?Slope?=1+(1-t)rc1*QPAc1t

SomeAdditionalConsiderationsRealnetrateofreturnManyassetsP