000			02043nab a2200313 c 4500
003			ES-MaIEF
005			20181108141443.0
007			ta
008			181108t2018 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
100	1		_966687 _aChen, Daphne
245		0	_aCorporate income tax, legal form of organization and employment _c by Daphne Chen, Shi Qi and Don Schlagenhauf
260			_c2018
500			_aDisponible también en formato electrónico a través de la Biblioteca del IEF.
500			_aResumen.
520			_aA dynamic stochastic occupational choice model with heterogeneous agents is developed to evaluate the impact of a corporate income tax reduction on employment. In this framework, the key margin is the endogenous entrepreneurial choice of the legal form of organization. A reduction in the corporate income tax burden encourages adoption of the C corporation legal form, which reduces capital constraints on firms. Improved capital reallocation increases the overall productive efficiency in the economy and therefore expands the labor market. Relative to the benchmark economy, a corporate income tax cut can reduce the nonemployment rate by up to 7 percent.
650		4	_945680 _aIMPUESTO DE SOCIEDADES
650		4	_948221 _aREDUCCIONES TRIBUTARIAS
650		4	_943494 _aEMPLEO
650		4	_948148 _aPRODUCTIVIDAD
650		4	_947904 _aORGANIZACION INDUSTRIAL
650		4	_947776 _aMODELOS ECONOMETRICOS
700	1		_966688 _aQi, Shi
700	1		_966689 _aSchlagenhauf, Don
773	0		_9157998 _oOP 2137/2018/4 _tAmerican Economic Journal. Macroeconomics _w(IEF)64915 _x 1945-7707 _g v. 10, n. 4, October 2018, p. 270-304
856			_uhttp://resolver.ebscohost.com/openurl?sid=EBSCO%3aeoh&genre=article&issn=19457707&ISBN=&volume=10&issue=4&date=20181001&spage=270&pages=270-304&title=American+Economic+Journal%3a+Macroeconomics&atitle=Corporate+Income+Tax%2c+Legal+Form+of+Organization%2c+and+Employment&aulast=Chen%2c+Daphne&id=DOI%3a&site=ftf-live
942			_cART
999			_c139216 _d139216