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Data for estimating the U.S. labor wedge

The after-tax labor wedge is defined as the log difference between the MRS and the MPL excluding taxes. This article introduces the data and approach that are used to estimate the U.S. after-tax labor wedge to provide empirical support for the research article entitled "Credit Crunch, Heterogen...

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Detalles Bibliográficos
Autor principal: Zhang, Lini
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2018
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6126211/
https://www.ncbi.nlm.nih.gov/pubmed/30191169
http://dx.doi.org/10.1016/j.dib.2018.04.128
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author Zhang, Lini
author_facet Zhang, Lini
author_sort Zhang, Lini
collection PubMed
description The after-tax labor wedge is defined as the log difference between the MRS and the MPL excluding taxes. This article introduces the data and approach that are used to estimate the U.S. after-tax labor wedge to provide empirical support for the research article entitled "Credit Crunch, Heterogeneity and the Labor Wedge" (Zhang, 2018 (Forthcoming)) [4]. I measure the U.S. after-tax labor wedge and then decompose it into the sum of the gap between the MPL and the real wage (the MPL component) and the gap between the real wage and the MRS (the MRS component). The after-tax labor wedge and its decomposition are measured using quarterly data from 1947Q1 to 2017Q3.
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spelling pubmed-61262112018-09-06 Data for estimating the U.S. labor wedge Zhang, Lini Data Brief Economics, Econometrics and Finance The after-tax labor wedge is defined as the log difference between the MRS and the MPL excluding taxes. This article introduces the data and approach that are used to estimate the U.S. after-tax labor wedge to provide empirical support for the research article entitled "Credit Crunch, Heterogeneity and the Labor Wedge" (Zhang, 2018 (Forthcoming)) [4]. I measure the U.S. after-tax labor wedge and then decompose it into the sum of the gap between the MPL and the real wage (the MPL component) and the gap between the real wage and the MRS (the MRS component). The after-tax labor wedge and its decomposition are measured using quarterly data from 1947Q1 to 2017Q3. Elsevier 2018-05-24 /pmc/articles/PMC6126211/ /pubmed/30191169 http://dx.doi.org/10.1016/j.dib.2018.04.128 Text en © 2018 The Authors http://creativecommons.org/licenses/by/4.0/ This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
spellingShingle Economics, Econometrics and Finance
Zhang, Lini
Data for estimating the U.S. labor wedge
title Data for estimating the U.S. labor wedge
title_full Data for estimating the U.S. labor wedge
title_fullStr Data for estimating the U.S. labor wedge
title_full_unstemmed Data for estimating the U.S. labor wedge
title_short Data for estimating the U.S. labor wedge
title_sort data for estimating the u.s. labor wedge
topic Economics, Econometrics and Finance
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6126211/
https://www.ncbi.nlm.nih.gov/pubmed/30191169
http://dx.doi.org/10.1016/j.dib.2018.04.128
work_keys_str_mv AT zhanglini dataforestimatingtheuslaborwedge