Asset Details
Do you wish to reserve the book?
Bunching and Adjustment Costs: Evidence from Cypriot Tax Reforms
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Bunching and Adjustment Costs: Evidence from Cypriot Tax Reforms
Do you wish to request the book?
Bunching and Adjustment Costs: Evidence from Cypriot Tax Reforms
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Paper
Bunching and Adjustment Costs: Evidence from Cypriot Tax Reforms
2022
Overview
We study adjustment costs in behavioral responses to income taxes, exploiting tax reforms that create and subsequently eliminate income tax kinks in Cyprus. Reduced-form evidence reveals substantial adjustment frictions attenuating bunching and de-bunching responses. Combining the empirical bunching moments with a structural model of frictional earnings supply, adjustment costs are estimated between EUR 93 and EUR 238 for wage earners. Moreover, we uncover important asymmetries in adjustment frictions, where bunching at a kink is costlier than de-bunching away from the kink. Finally, we find that self-employed individuals face considerably lower adjustment costs than wage earners.
Publisher
Federal Reserve Bank of St. Louis
We currently cannot retrieve any items related to this title. Kindly check back at a later time.