000 01719nab a2200301 c 4500
999 _c142348
_d142348
003 ES-MaIEF
005 20200817113010.0
007 ta
008 200817t2020 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
041 _aeng
100 1 _968120
_aFerraro, Domenico
245 4 _aThe aging of the baby boomers
_bdemographics and propagation of tax shocks
_c Domenico Ferraro and Giuseppe Fiori
260 _c2020
500 _aDisponible también en formato electrónico.
500 _aResumen.
504 _aBibliografía.
520 _aWe study how the changing demographic composition of the US labor force has affected the response of the unemployment rate to marginal tax rate shocks. Using narratively identified tax changes as proxies for structural shocks, we establish that the responsiveness of the unemployment rates to tax changes varies significantly across age groups: the unemployment rate response of the young is nearly twice as large as that of the old. This heterogeneity is the channel through which shifts in the age composition of the labor force impact the response of the unemployment rate to tax cuts. We find that the aging of the baby boomers considerably reduces the effects of tax cuts on aggregate unemployment.
650 4 _947820
_aNATALIDAD
650 4 _941810
_aDEMOGRAFIA
650 4 _aIMPUESTOS
_947460
650 4 _948570
_aTIPOS DE GRAVAMEN
650 _aDESEMPLEO
_942613
700 1 _968121
_aFiori, Giuseppe
773 0 _9162741
_oOP 2137/2020/2
_tAmerican Economic Journal : Macroeconomics
_w(IEF)64915
_x 1945-7707
_gv. 12, n. 2, April 2020, p.167-193
856 _uhttps://pubs.aeaweb.org/doi/pdfplus/10.1257/mac.20160419
942 _cART