Abstract
Consider individual labor supply and consumption from the life-cycle perspective. Because many of the elderly are retired, they may little directly benefit from state policies that increase wage income. But they may benefit indirectly: lower taxes on labor may consequently increase labor supply and reduce the price ofservices the elderly buy, for instance, nursing care.
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CITATION STYLE
APA
Terai, K., Glazer, A., & Miyazato, N. (2021). The Effect of the Elderly on Taxation and Minimum Wages in the US States. In Advances in Japanese Business and Economics (Vol. 30, pp. 83–94). Springer Japan. https://doi.org/10.1007/978-981-16-5536-4_6
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