Corporate Income Tax, Legal Form of Organization, and Employment
通过动态随机职业选择模型，研究企业所得税减免如何通过影响企业组织形式选择（C型企业）来缓解资本约束、提升资本配置效率，从而降低非就业率最多7%。
A dynamic stochastic occupational choice model with heterogeneous agents is developed to evaluate the impact of a corporate income tax reduction on employment. In this framework, the key margin is the endogenous entrepreneurial choice of the legal form of organization. A reduction in the corporate income tax burden encourages adoption of the C corporation legal form, which reduces capital constraints on firms. Improved capital reallocation increases the overall productive efficiency in the economy and therefore expands the labor market. Relative to the benchmark economy, a corporate income tax cut can reduce the nonemployment rate by up to 7 percent.