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The present study applies a particular econometric framework which allows for complex non-convex budget sets, highly non-linear labor supply curves and imperfect markets with institutional constraints. A married couple version of the model is estimated on Italian microdata. The empirical results...
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A crucial issue in efficiency-equality evaluations of tax reforms resides in the possibility that the level as well as the distribution of welfare may change, where the household-specific measures of welfare capture the value of income as well as the value of leisure. A better-designed...
Persistent link: https://www.econbiz.de/10005652120
We use structural estimation techniques to analyze labour supply effects of changes in economic incentives for individuals who have just finished vocational rehabilitation in Norway. The complicated and sometimes non-convex budget sets for this group are accounted for. Focus is also on the...
Persistent link: https://www.econbiz.de/10005652145
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Labour supply when tax evasion is an option is analysed within a discrete choice framework which incorporates random parameters and Box-Cox functional forms, using mixed logit models. Deviates in parameters and, in some cases, correlation between alternatives in the evasion group are found to be...
Persistent link: https://www.econbiz.de/10005652178