Research Catalog

Title

Who bears the lifetime tax burden? / Don Fullerton, Diane Lim Rogers.

Author

Fullerton, Don.

Publication

Washington, D.C. : Brookings Institution, [1993], ©1993.

Items in the Library & Off-site

Holdings

Details

Additional Authors

Rogers, Diane Lim.

Description

xiii, 246 pages; 24 cm

Subjects

• Taxation > United States
• Tax incidence > United States

Bibliography (note)

• Includes bibliographical references and index.

Contents

• 1. Introduction and Summary. Two Approaches to Tax Incidence. The Theory of Tax Incidence. Empirical Work on Tax Incidence. Comparing Annual and Lifetime Perspectives. The Measure of Lifetime Income. A Description of the Model. A Summary of Results -- 2. Theoretical Basis of the Lifetime Incidence Model. The Consumption Side. The Production Side. Government. International Trade. Treatment of Taxes. Equilibrium Conditions and Computational Procedure. Calculating Tax Incidence -- 3. Data Sources. Model Dimensions. Consumer Data. Industry Data. Government and Trade Data -- 4. Determination of Lifetime Incomes. Data. Initial Fixed-Effect Regressions. Determination of Lifetime Incomes and Their Distribution. Characteristics and Profiles by Lifetime Income Category. Lifetime Distributional Effects of Government Programs. Conclusion -- 5. Consumption Patterns by Age. The Linear Expenditure System. The Consumer Expenditure Survey. Aggregation for Detailed Expenditures.
• Corrections of Underreporting. Econometric Procedure. Parameters of the Linear Expenditure System -- 6. Calibrating Parameters and Adjusting the Data Set. Obtaining a Consistent Data Set. Calibration of Other Parameters -- 7. Simulations and Results. Tax Parameters for Each Simulation. The Benchmark as a Basis of Comparison. Counterfactual Results Compared to the Benchmark. Lifetime Tax Incidence under Standard Parameters. The Uniform Consumption Tax Replacement -- 8. Sensitivity Analysis. Utility Parameters. Other Specifications. What We Learn from Sensitivity Calculations -- 9. Evaluation of Policy Reforms. The Tax Reform Act of 1986. Corporate Tax Integration. Value-Added Taxation.

ISBN

• 0815729928 (cl : alk. paper) :
• 0815729936 (pa : alk. paper) :

LCCN

92044669

OCLC

• 27223661
• ocm27223661

Owning Institutions

Columbia University Libraries