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Working Time and Employment under Uncertainty

Chen, Yu-Fu; Funke, Michael - CESifo - 2002

can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we consider the … impact of uncertainty and real options on the decision of working time, i.e. we examines the determinants of employment and …

Persistent link: https://www.econbiz.de/10005051593

Exchange Rate Uncertainty and Labour Market Adjustment under Fixed and Flexible Exchange Rates

Chen, Yu-Fu; Funke, Michael - CESifo - 2002

can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we follow the real … rate regimes obey common employment adjustment thresholds. …

Persistent link: https://www.econbiz.de/10005766184

Employment and Taxes

Nickell, Stephen - CESifo - 2003

This paper considers the impact of taxation policy on market work. On the basis of the evidence, we find that a 10 percentage point rise in the tax wedge will reduce overall labour input provided via the market by around 2 per cent of the population of working age. The tax wedge is the sum of...

Persistent link: https://www.econbiz.de/10005196222

Is Recipiency of Disability Pension Hereditary?

Bratberg, Espen; Nilsen, Øivind Anti; Vaage, Kjell - CESifo - 2012

This paper addresses whether children’s exposure to parents receiving disability benefits induces a higher probability …-age population receiving permanent disability benefits. Using data from Norway, a country where around 10% of the working …-age population rely on disability benefits, we find that the amount of time that children are exposed to their fathers receiving …

Persistent link: https://www.econbiz.de/10010877679

Saving Taxes Through Foreign Plant Ownership

Egger, Peter; Eggert, Wolfgang; Winner, Hannes - CESifo - 2007

This paper analyzes to which extent foreign plant ownership involves lower tax payments than domestic plant ownership. We employ a model of endogenous foreign subsidiary ownership to derive a set of empirically testable hypotheses about the differential taxation of foreign- and...

Persistent link: https://www.econbiz.de/10005196289

Noncompliance and the Effects of the Minimum Wage on Hours and Welfare in Competitive Labor Markets

Danziger, Leif - CESifo - 2009

This paper shows that increases in the minimum wage rate can have ambiguous effects on the working hours and welfare of employed workers in competitive labor markets. The reason is that employers may not comply with the minimum wage legislation and instead pay a lower subminimum wage rate. If...

Persistent link: https://www.econbiz.de/10008572576

Why do Europeans Work Less than Americans? Public Consumption and Welfare Benefits as a Cause of the North-Atlantic Divide

Hall, Axel; Zoega, Gylfi - CESifo - 2015

We propose an explanation of why Europeans choose to work fewer hours than Americans and also suffer higher rates of unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries reduce, ceteris paribus, the gains from being...

Persistent link: https://www.econbiz.de/10011205377

How Sustainable Are Old-age Pensions in a Shrinking Population with Endogenous Labour Supply?

Cardoso, Pedro; Praag, Bernard M.S. van - CESifo - 2003

In this paper we model an OLG-economy where labour supply is endogenously determined and where we assume that there are two pension systems, namely, a pay-as-you-go system and a funded system. The main question is whether there is an equilibrium involving an old-age pensions system, partly...

Persistent link: https://www.econbiz.de/10005405810

What Explains the Variation in Estimates of Labour Supply Elasticities?

Evers, Michiel; Mooij, Ruud A. De; Vuuren, Daniel J. Van - CESifo - 2005

This paper performs a meta-analysis of empirical estimates of uncompensated labour supply elasticities. We find that much of the variation in elasticities can be explained by the variation in gender, participation rates, and country fixed effects. Country differences appear to be small though....

Persistent link: https://www.econbiz.de/10005405958

Second-best Properties of Implicit Social Security Taxes: Theory and Empirical Evidence

Fenge, Robert; Uebelmesser, Silke; Werding, Martin - CESifo - 2002

This paper investigates the inter-temporal structure of implicit taxes that arise in unfunded pension schemes. We demonstrate that these tax rates are declining over the life cycle. Using German micro-data for men and married women we estimate periodic wage elasticities of labour supply in order...

Persistent link: https://www.econbiz.de/10005181481