Life-cycle incidence of family policy measures in Germany: Evidence from a dynamic microsimulation model
This paper quantifies the life-cycle incidence of key family policy measures in Germany. The analysis is based on a novel dynamic microsimulation model that combines simulated family life-cycles for a base population from the 2009 wave of the German Socio-Economic Panel (SOEP) with a comprehensive tax-benefit model. The results indicate that households in Germany benefit considerably from family- and marriage-related transfers, yet also reveal substantial variation behindthe population average. Moreover, it is shown that some measures, such as income tax splitting, may make individuals in fact worse off, in financial terms, over the long course, as a result of negative labour supply incentives which are reinforced through detrimental effects on human capital accumulation.
Year of publication: |
2015
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Authors: | Bonin, Holger ; Reuss, Karsten ; Stichnoth, Holger |
Publisher: |
Berlin : Deutsches Institut für Wirtschaftsforschung (DIW) |
Subject: | dynamic microsimulation | family policy | Germany |
Saved in:
freely available
Series: | |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 832189618 [GVK] hdl:10419/112793 [Handle] |
Classification: | C53 - Forecasting and Other Model Applications ; c54 ; J12 - Marriage; Marital Dissolution; Family Structure ; J13 - Fertility; Family Planning; Child Care; Children; Youth ; J22 - Time Allocation and Labor Supply |
Source: |
Persistent link: https://www.econbiz.de/10011301387