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The labor supply of West German married and cohabiting couples is analyzed using a discrete choice model. Following van Soest (1995), the labor supply decision is based on a household utility function which is determined by the leisure of the two spouses and net household income. Furthermore,...
Persistent link: https://www.econbiz.de/10013428181
Total employment in Germany is supposed to increase if people could realize their desired working hours. However, this … additional work-sharing in Germany. Furthermore, the match between actual and desired hours of Germans would improve if Germans … that hours restrictions shrank over time, which means, Germany seems to be moving towards a more flexible labor market. …
Persistent link: https://www.econbiz.de/10013428359
This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person's actual income and his or her counterfactual real income stream forecast for a hypothetical...
Persistent link: https://www.econbiz.de/10013428413
This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …
Persistent link: https://www.econbiz.de/10013428423
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We analyze a two-period modell where risk-averse students divide their time between risky education, leisure, and work. The educated can migrate. Wagetax financed transfer to students acts as an insurance, and increases both investment in education and demand for leisure. We drive sufficient...
Persistent link: https://www.econbiz.de/10013428263
We use a stylized model to show that, if transfers to the poor are founded on a security argument, there is a negative trade-off between law enforcement expenditures and criminality. In contrast, if transfers are based on altruism, the correlation between the same variables may appear positive....
Persistent link: https://www.econbiz.de/10013428268