Effects of labour taxes on hours of market and home work: The role of international capital mobility and trade

The Prescott hypothesis that permanently higher marginal tax rates on labour income fully explain the decline in market hours worked in Europe (relative to North America) over three decades is subject to a theoretical investigation. The Prescott model consists of isolated economies that are not link...

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Bibliographic Details
Main Author: HOON, Hian Teck
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2014
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Online Access:https://ink.library.smu.edu.sg/soe_research/2337
https://ink.library.smu.edu.sg/context/soe_research/article/3336/viewcontent/Effects_labour_taxes_hours_work_av.pdf
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Institution: Singapore Management University
Language: English