2005, English, Article, Report edition: Improving the modeling of couples' labour supply Robert Breunig; Deborah A. Cobb-Clark; Xiaodong Gong

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Bookmark: http://trove.nla.gov.au/version/217575674
Physical Description
  • Report
Published
  • Centre for Economic Policy Research, 2005-10-06 00:00:00
Language
  • English

Edition details

Title
  • Improving the modeling of couples' labour supply
Author
  • Robert Breunig
  • Deborah A. Cobb-Clark
  • Xiaodong Gong
Published
  • Centre for Economic Policy Research, 2005-10-06 00:00:00
Physical Description
  • Report
Subjects
Date or Place
  • Australia
Summary
  • Using an improved version of the neoclassical labour-supply model, Robert Breunig, Deborah A. Cobb-Clark and Xiaodong Gong analyse the expected impact of the 2005-06 Australian tax reform. They calculate working hours to increase by 1.7 per cent for both men and women and household after-tax incomes to increase by approximately $60 per week on average. For families with two wage earners, each earning between $25,000 and $55,000 per year, their model predicts an after-tax increase in income of $38 after accounting for these labour supply effects - much larger than the Australian government's own prediction of $12, which does not allow for labour supply effects.
Language
  • English
Identifier
  • oai:apo.org.au:2639

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