If older workers have a tax elasticity of labor supply equal to 0.20, by how much will

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If older workers have a tax elasticity of labor supply equal to 0.20, by how much will their work activity decline when they reach the Social Security earnings test limit? (Assume explicit taxes of 20 percent below that limit.)

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The Micro Economy Today

ISBN: 9781118152003

15th Edition

Authors: Bradley R. Schiller, Karen Gebhardt

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