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elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption … between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests …
Persistent link: https://www.econbiz.de/10010366933
The standard labor-supply literature typically assumes that the labor supply response to wage increases is the same as that for equivalent wage decreases. However, evidence from the behavioral-economics literature suggests that people are loss averse and thus perceive losses differently than...
Persistent link: https://www.econbiz.de/10011418892
taken into account. We extend the neoclassical labor supply model in two directions. First, we allow for endogenous wages … differentials of part-time jobs, the model with endogenous wages predicts lower part-time employment than the standard neoclassical …
Persistent link: https://www.econbiz.de/10011442317
Exploiting unique German administrative data, we estimate the association between an expansion in maternity leave duration from two to six months in 1979 and mothers' post-birth long-term sickness absence over a period of three decades after childbirth. Using a regression discontinuity design,...
Persistent link: https://www.econbiz.de/10010440103
We analyze the potential influence of a number of factors on the distribution of equivalized net incomes in Germany over the period 2005/2006 to 2010/11. While income inequality considerably increased in the years before 2005/2006, this trend was stopped after 2005/2006. Among many other...
Persistent link: https://www.econbiz.de/10011574887
Graduates from Science, Technology, Engineering, and Mathematics (STEM) are usually found to have higher wages and a … overqualification and wages in a causal way, since individuals choosing these subjects might differ systematically in unobserved … differences in the risk of overqualification and wages when STEM graduates are compared to the Business & Law group, while it …
Persistent link: https://www.econbiz.de/10010416218
wages in start‐ups unambiguously predicts the existence and the direction of wage differentials between spin‐offs and non … higher wages to employees with linkages to the university sector – either as university graduates or as student workers. …
Persistent link: https://www.econbiz.de/10010532473
We present a new and simple empirical methodology to identify relative wage rigidity dynamics. The methodology is applied to data from the Polish Labour Force Survey for the period 1994 to 1998. We estimate ceteris paribus changes in relative wage and unemployment differentials for various...
Persistent link: https://www.econbiz.de/10011445051
In this paper, the relationship between the degree of centralisation and the distributive outcomes in European schemes of social assistance is investigated. For this purpose, a scheme of classification suitable for grouping the EU15 schemes except for Luxembourg according to features related to...
Persistent link: https://www.econbiz.de/10011448410
Using data from the 1997 and 2002 waves of the German Socio-Economic Panel and from official statistics, I study whether natives are less supportive of state help for the unemployed in regions where the share of foreigners among the unemployed is high. Unlike previous studies, I use...
Persistent link: https://www.econbiz.de/10003923101