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Setting Behavioral Responses in PWBM’s Dynamic Simulations — Penn Wharton Budget Model

budgetmodel.wharton.upenn.edu · 48 words · saved by 1 readers

A literature survey is provided for the key behavioral parameters in tax analysis: labor supply elasticity; saving elasticity and openness to international capital flows. Tax changes affect after-tax wages. The labor supply elasticity parameter controls the simulator’s labor supply respo

Setting Behavioral Responses in PWBM’s Dynamic Simulations September 13, 2016 · Brief Setting Behavioral Responses in PWBM’s Dynamic Simulations 2016-09-13T00:00:00.000Z Setting Behavioral Responses in PWBM’s Dynamic Simulations This is an archived PWBM brief. The full content is available as a downloadable PDF. Download PDF Open in New Tab

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