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The purpose of this study is to explore the effects of exogenous social security system parameters on welfare. The set up is an overlapping generations economy, with skills heterogeneity, which distinguishes consumers between high and low skilled. The lowskilled receive an extra supplement...
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The paper investigates the impact of international migration on public pay-as-you-go pension systems. It first develops a theoretical framework to analyse the effects of migration on the labour market. The model allows for heterogeneity across individuals and for migration to affect both the...
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This paper calculates monthly time series for the overall safety net's statutory marginal labor income tax rate as a function of skill and marital status. Marginal tax rates increased significantly for all groups between 2007 and 2009, and dramatically so for unmarried household heads. The...
Persistent link: https://www.econbiz.de/10012460234
This paper calculates monthly time series for the overall safety net's statutory marginal labor income tax rate as a function of skill and marital status. Marginal tax rates increased significantly for all groups between 2007 and 2009, and dramatically so for unmarried household heads. The...
Persistent link: https://www.econbiz.de/10013100129
Standard theories in comparative political economy predict that labor market insiders oppose redistribution to poorer, often informal, labor market outsiders. In contrast, I argue that not all insiders oppose redistribution to outsiders. Extending recent work emphasizing the importance of...
Persistent link: https://www.econbiz.de/10013234135
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Many low- and middle-income countries have introduced Public Works Programmes (PWPs) to fight poverty. PWPs provide temporary cash-for-work opportunities to boost poor households' incomes and to provide better infrastructure to local communities. While PWPs do not target children directly, the...
Persistent link: https://www.econbiz.de/10013369142