Showing 1 - 10 of 36
bysome agents, thus reducing their disposable income. The comparison of food consumptionand of the consumption-income gap …
Persistent link: https://www.econbiz.de/10009360528
This paper examines how a change in the generosity of one social assistance programgenerates spillovers onto other social assistance programs. We exploit an age discontinuityin the stringency of the 1993 Dutch disability reforms to estimate the causal effect of exit fromdisability insurance (DI)...
Persistent link: https://www.econbiz.de/10009360555
The main purpose of this paper is to estimate the size and the growth of Quebec’sunderground economy, and the corresponding loss of taxes for the government. Ourapproach is based on a method developed by Pissarides and Weber (1989) and extended byLyssiotou et al. (2004). The basic hypothesis...
Persistent link: https://www.econbiz.de/10009360563
the lessons ofhigh-income countries with financial literacy programs and the deviating characteristics of lowand middle … income countries. While progress has been made in high-income countries tomeasure financial capability, there is little …
Persistent link: https://www.econbiz.de/10009360585
The career prospects of newly recruited employees differ substantially within an organization.The stars experience a considerable growth in earnings; others can hardly maintain theirentry salaries. This article sheds light on the mechanisms generating the observedheterogeneity in earnings...
Persistent link: https://www.econbiz.de/10009360597
This paper characterizes optimal income taxation when individuals respond along both theintensive and extensive margins …. Employing a tax perturbation approach, we derive an optimal tax formula thatgeneralizes previous results by allowing for income …
Persistent link: https://www.econbiz.de/10009360598
This paper analyzes the response of earnings to payroll tax rates using a cohort-basedreform in Greece. All individuals who started working on or after 1993 face permanently amuch higher earnings cap for payroll taxes, creating a large and permanent discontinuity inmarginal payroll tax rates by...
Persistent link: https://www.econbiz.de/10009360601
income’). This is the caseeven when estimating individual fixed effects of the differential returns to education for spellsin … instrumentalvariables to cope with the endogenous nature of education in income equations. Finally, wefind (indirect) support for the …
Persistent link: https://www.econbiz.de/10009360612
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10009294836
We provide the first twin-based estimates of the intergenerational transmission of income between fathers and sons …. Using Swedish register data on the income of monozygotic twin fathers and their sons, we are able to control for unobserved … income elasticity of 0.276, while our twin-based intergenerational income elasticity is 0.12. This is close to the estimate …
Persistent link: https://www.econbiz.de/10009323385