返回Google圖書搜尋

Market Work, Home Work and Taxes

其他書名	A Cross Country Analysis
出版	SSRN, 2010
URL	http://books.google.com.hk/books?id=s-TmzgEACAAJ&hl=&source=gbs_api

註釋This paper uses a simple model of labor supply extended to allow for home production to understand the extent to which differences in taxes can account for differences in time allocations between the US and Europe. Once home production is included, the elasticity of substitution between consumption and leisure is almost irrelevant in determining the response of market hours to higher taxes. But to account for observed differences in leisure and time spent in home production, one requires a large elasticity of substitution between consumption and leisure, and a small elasticity of substituion betwen time and goods in home production.