Replication data for: The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era

David H. Romer & Christina D. Romer
This paper uses the interwar United States as a laboratory for investigating the incentive effects of marginal income tax rates. We examine the impact of the large changes in rates in this period on taxable income using time-series/cross-section analysis of data by small slices of the income distribution. We find that the effect operated in the expected direction but was economically small, and that it is precisely estimated and highly robust. We also find suggestive...
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