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作者：Holter, Hans A.; Krueger, Dirk; Stepanchuk, Serhiy
作者单位：University of Oslo; Center for Economic & Policy Research (CEPR); University of Pennsylvania; National Bureau of Economic Research; University of Southampton
摘要：How much additional tax revenue can the government generate by increasing the level of labor income taxes? In this paper, we argue that the degree of tax progressivity is a quantitatively important determinant of the answer to this question. To make this point, we develop a large scale overlapping generations model with single and married households facing idiosyncratic income risk, extensive and intensive margins of labor supply, as well as endogenous accumulation of human capital through lab...
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作者：Aizawa, Naoki
作者单位：University of Wisconsin System; University of Wisconsin Madison
摘要：This paper develops and estimates a life-cycle equilibrium labor search model in which heterogeneous firms determine health insurance provisions and heterogeneous workers sort themselves into jobs with different compensation packages over the life cycle. I study the optimal joint design of major policies in the Affordable Care Act (ACA) and the implications of targeting these policies to certain individuals. Compared with the health insurance system under the ACA, the optimal structure lowers ...
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作者：Chen, Qihui; Fang, Zheng
作者单位：The Chinese University of Hong Kong, Shenzhen; The Chinese University of Hong Kong, Shenzhen; Texas A&M University System; Texas A&M University College Station
摘要：This paper develops a general framework for conducting inference on the rank of an unknown matrix pi(0). A defining feature of our setup is the null hypothesis of the form H0:rank(pi 0)<= r. The problem is of first-order importance because the previous literature focuses on H0 ':rank(pi 0)=r by implicitly assuming away rank(pi 0)
