Source: OECD StatExtract.
Marginal tax rates of a nuclear family in USA, UK, Australia and New Zealand since 2000
22 Aug 2015 Leave a comment
in economic history, economics of love and marriage, labour economics, labour supply, politics - Australia, politics - New Zealand, politics - USA Tags: Australia, British economy, marriage and divorce, taxation and labour supply
Source: OECD StatExtract.
Marginal tax rates of New Zealand average households since 2000
19 Aug 2015 Leave a comment
in economic growth, fiscal policy, labour economics, labour supply, macroeconomics, politics - Australia, politics - New Zealand Tags: Australia, lost decades, marriage and divorce, productivity shocks, real business cycles, taxation and labour supply
In 2000 in New Zealand, the marginal tax rates of single earners, married couples and dual income couples were 21%.
Sources: OECD StatExtract.and OECD Taxing Wages.
Net personal marginal income tax rates increased:
- to 51% for one earner couples with two children in 2001 and stayed up above 50% until 2014; and
- to 33% for single earners with no children in 2004 because income growth pushed them into the next tax rate bracket which then dropped down to 30% in 2011.
Sources: OECD StatExtract.and OECD Taxing Wages.
Net personal marginal income tax rates increased:
- to 33% in 2004 for two earner couples with the second earner earning 33% of average earnings and then increased to 53% in 2006 and stayed high thereafter;
- to 33% in 2004 for a two earner couple with the second earner earning 67% of average earnings and then increased further to 53% in 2006 and stayed high until 2014 when their marginal income tax rate dropped to 30%; and
Sources: OECD StatExtract.and OECD Taxing Wages.
These large increases in marginal tax rates on single earners and families coincided with a slowing of the economy in about 2005. The economy started to pick up again when there were tax cuts introduced by the incoming National Party Government. Is that more than a coincidence?
Sources: Computed from OECD StatExtract and The Conference Board. 2015. The Conference Board Total Economy Database™, May 2015, http://www.conference-board.org/data/economydatabase/.
A flat line in the above figure is growth at the trend growth rate of 1.9% of the USA in the 20th century. A rising line is above trend growth for that year while a falling lined is below trend rate in GDP per working age person.
In the lost decades of New Zealand growth between 1974 In 1992, New Zealand lost 34% against trend growth which was never recovered. There was about 13 years of sustained growth at about the trend rate or slightly above that between 1992 and 2005. The entire income gap between Australia and New Zealand open up during these lost decades of growth between 1974 and 1992.
Sources: Computed from OECD StatExtract and The Conference Board. 2015. The Conference Board Total Economy Database™, May 2015, http://www.conference-board.org/data/economydatabase/.
Australia grew pretty much in its trend rate of growth since the 1950s. The so-called resources boom is not visible such as showing up as above trend rate growth.
US Teen Pregnancy, Birth and Abortion Rates
16 Aug 2015 Leave a comment
in economic history, gender, labour economics, labour supply, politics - USA, population economics, welfare reform Tags: abortion, economics of fertility, marriage and divorce, single mothers, single parents, teen pregnancy
US Teen Pregnancy, Birth and Abortion Rates since 1972 http://t.co/mwR1U6WJg8—
Max Roser (@MaxCRoser) August 06, 2015
Another aspect of helicopter parenting
15 Aug 2015 Leave a comment
in economics of love and marriage, human capital, labour economics, law and economics, welfare reform Tags: child rearing, economics of families, marital division of labour, marriage and divorce
More time with mom has little to no effect on children's well-being: thesocietypages.org/socimages/2015… http://t.co/zyirz1QvQs—
(@SocImages) April 08, 2015
Females/male earnings ratio by partner status and motherhood – USA, UK, Canada
12 Jul 2015 Leave a comment
in discrimination, economics of love and marriage, gender, labour economics, labour supply, law and economics, occupational choice, politics - USA, poverty and inequality Tags: asymmetric marriage premium, British economy, Canada, gender wage gap, marriage and divorce, motherhood penalty
Figure 1: Female/male earnings ratio by partner status and motherhood, 2004 
Source: LIS Cross-National Data Center in Luxembourg – Wave VI; individuals with positive earnings only. .
Poverty rates by age of youngest child – USA, UK, Canada and Australia
11 Jul 2015 Leave a comment
in economics of love and marriage, labour economics, labour supply, law and economics, politics - Australia, politics - USA, poverty and inequality, welfare reform Tags: Australia, British economy, Canada, child poverty, family poverty, marriage and divorce, single mothers, single parents
Figure 1: poverty rates by age of youngest child, 2004
Age differences in marriage
07 Jul 2015 1 Comment
in economics of love and marriage, law and economics Tags: family demographics, marriage and divorce
Most People Marry Someone Their Own Age: dadaviz.com/i/3343 #dataviz http://t.co/bZ90LtK508—
Randy Olson (@randal_olson) February 24, 2015
Average weekly working hours by gender and presence of children, Canada, UK and USA
07 Jul 2015 Leave a comment
in discrimination, economics of love and marriage, gender, labour economics, labour supply, law and economics Tags: economics of fertility, female labour force participation, household division of labour, marriage and divorce, maternal labour force participation
Figure 1: average weekly working hours for Current or Last Job(s) Held aged 20-54 by gender, 2004
Average age of marriage by gender since 1890 in the USA
05 Jul 2015 Leave a comment
in economic history, economics of love and marriage, economics of media and culture, law and economics, politics - USA Tags: economics of families, family demographics, marriage and divorce
Mawwiage. Mawwiage is wut bwings togetha… men who are about 2.5yrs older than their female counterparts. http://t.co/KQqKmNJn7P—
Tyler Vigen (@TylerVigen) May 25, 2015
The household division of labour and recreation
03 Jul 2015 Leave a comment
in economics of love and marriage, law and economics Tags: household division of labour, household production, marriage and divorce
Arnie’s new picture profile
30 Jun 2015 Leave a comment
in economics of love and marriage, law and economics, politics - USA Tags: economics of marriage, gave marriage, marriage and divorce
Arnie had the perfect response to a man criticising his pro-gay marriage photo i100.io/sGqSNTQ http://t.co/kfweyy8xAW—
i100 (@thei100) June 30, 2015
How the average day of American mums and dads has changed since 1965
12 Jun 2015 Leave a comment
in discrimination, economics of love and marriage, gender, labour economics, labour supply, law and economics, occupational choice Tags: economics of the family, home production, household division of labour, marriage and divorce
#Dailychart: How the average day of American mums and dads has changed since 1965 econ.st/1Hi43yt http://t.co/tY5DSpdVKN—
The Economist (@EconBizFin) June 08, 2015
Trends in what drives single motherhood
11 Jun 2015 Leave a comment
Divorce used to be biggest engine of single parenthood in America. No more. It's nonmarital childbearing cc@davidfrum http://t.co/J5yZtUukNW—
W Bradford Wilcox (@WilcoxNMP) June 10, 2015
Divorces and marriages in Britain since 1900
10 Jun 2015 Leave a comment
Divorces and marriages in #Britain since 1900
(From: bit.ly/1v0QB8l ) http://t.co/pJHYtjPfWv—
Max Roser (@MaxCRoser) May 10, 2015
Utopia, you are standing in it! 
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