A contribution towards New Zealand's tax reform

Razzak, W A (2010): A contribution towards New Zealand's tax reform.

Abstract

We use the work-leisure choice model to estimate equilibrium labour supply (hours-worked) in New Zealand over the period 2000 – 2008. We then stochastically solve the model over a future period from 2010 to 2050, and evaluate the New Zealand’s new tax policy. We compare the welfare and relative productivity (i.e., relative to Australia) outcomes for several tax policy scenarios.

• Item Type: MPRA Paper
• Language: English
• Keywords: Taxes, Labour supply, welfare and productivity
• Subjects: E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E62 - Fiscal Policy; C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C63 - Computational Techniques ; Simulation Modeling; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J22 - Time Allocation and Labor Supply

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