Empirical evidence on intergenerational inequality of tax burdens in the U.S. and Japan
AbstractAggregate data of tax burdens in the U.S. and Japan, classified by period and by age, are decomposed into age, period, and cohort effects using the Bayesian cohort models which were developed to overcome the identification problem in cohort analysis. Main findings are that in both countries the age effects are the largest and the cohort effects are obscure or negligible and that in both countries significant intergenerational inequality is not observed.
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Bibliographic InfoArticle provided by Elsevier in its journal The Journal of Socio-Economics.
Volume (Year): 37 (2008)
Issue (Month): 6 (December)
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Web page: http://www.elsevier.com/locate/inca/620175
Age-period-cohort decomposition Bayesian cohort model Intergenerational inequality;
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