The Effects of Taxes on Aggregate Labor: A Cross-Country General-Equilibrium Study
在合理的劳动供给弹性下，公共财政均衡模型预测高税收会降低总劳动。本文利用22个OECD国家的数据，估计静态一般均衡模型参数，发现税收确实减少了均衡劳动，且总工资弹性高于传统个体研究。
At empirically reasonable labor supply elasticities, equilibrium models of public finance predict that greater taxes in a country should lead to lower aggregate labor. The authors examine data from a cross-section of twenty-two OECD economies for such a relationship. The approach is to estimate parameters of a static general-equilibrium model of aggregate labor. Greater taxes do appear to reduce equilibrium labor in the authors' sample. Indeed, estimated aggregate wage elasticities are generally greater than consensus estimates from traditional studies of cross sections of individuals. Copyright 1993 by The editors of the Scandinavian Journal of Economics.