Discussion of “Singles, Couples, Time-Averaging, and Taxation”

Richard Blundell and Eric French

Journal of Monetary Economics, 2025, vol. 150, issue C

Abstract: This discussion comments on “Singles, Couples, Time-Averaging, and Taxation” by Hans Holter, Lars Ljungqvist, Thomas Sargent, and Serhiy Stepanchuk. This work represents an exciting new agenda, combining recent findings in the dynamic micro labor supply and retirement literature with key features of the macro environment by including general equilibrium feedback and a government budget constraint. We point to some areas where the specification could be improved but these do not detract from the key insights in this paper and the significant steps it makes toward building a coherent micro and macro framework for research on labor supply and taxation.

Keywords: Taxation; Labor supply; Retirement; Social security; Life-cycle (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:moneco:v:150:y:2025:i:c:s0304393224001727

DOI: 10.1016/j.jmoneco.2024.103719

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