Journal of Economic Literature
Book Reviews
2026-09-01
John Diamond of Rice University reviews “Tax Policy and Labor Market Performance” by Jonas Agell, Peter Birch Sorensen,. The EconLit Abstract of the reviewed work begins “Eight papers, originally presented at the CESifo Summer Institute held in July 2003 in Venice, analyze the effect of tax policy and welfare state incentives on the performance of the labor market. Papers discuss tax policy and labor market performance (A. Lans Bovenberg); work and taxes (Stephen Nickell); whether social policies harm employment and growth--second-best effects of taxes and benefits on employment (Frederick van der Ploeg); welfare effects of tax reform and labor supply at the intensive and extensive margins (Nada Eissa, Henrik Jacobsen Kleven, and Claus Thustrup Kreiner); the hours of work response of married couples--taxes and the earned income credit (‘Eissa and Hilary Hoynes); progressive taxation and wages--microevidence (Torben Tranas, Soren Arnberg, and Anders Holm); insiders, outsiders, and the underground economy (Dan Anderberg); and wages, unemployment, and the underground economy (Ann-Sofie Kolm and Birthe Larsen). Agell is Professor of Economics at Stockholm University. Sorensen is Professor of Macroeconomic Theory and Policy at the University of Copenhagen. Index.”