Similar Search Results

How You Ask Is What You Get: Willingness-to-Pay for a QALY in Germany

Ahlert, Marlies; Breyer, Friedrich; Schwettmann, Lars - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014

We report results of a survey of a representative sample of the German population in which respondents were asked for their willingness-to-pay (WTP) for either an extension of their life or an improvement in their health corresponding to a gain of one quality-adjusted life year (QALY). While one...

Persistent link: https://www.econbiz.de/10011266594

The Dead-Anyway Effect Revis(it)ed

Breyer, Friedrich; Felder, Stefan - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2002

risk increases with the initial level of risk. Their reasoning is based on differences in the marginal utility of wealth …: first, for a risk-averse individual without a bequest motive, marginal WTP for survival does increase with the level of risk … initial risk on WTP for survival is reversed: the higher initial risk the lower the value of a statistical life. …

Persistent link: https://www.econbiz.de/10004963657

Labor Supply and Child Care Choices in a Rationed Child Care Market

Wrohlich, Katharina - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

This paper presents an empirical framework for the analysis of mothers' labor supply and child care choices, explicitly taking into account access restrictions to subsidized child care. This is particularly important for countries such as Germany, where subsidized child care is rationed and...

Persistent link: https://www.econbiz.de/10009360170

A Switch from Joint to Individual Taxation Is Welfare Improving

Decoster, André; Haan, Peter - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

In this paper we empirically derive the welfare effects of a shift from joint taxation with full income splitting to a revenue neutral system of individual taxation in Germany. For the empirical welfare evaluation we estimate the preference heterogeneity in the population and use normative...

Persistent link: https://www.econbiz.de/10009368912

Empirical Welfare Analysis in Random Utility Models of Labour Supply

Decoster, André; Haan, Peter - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

The aim of this paper is to apply recently proposed individual welfare measures in the context of random utility models of labour supply. Contrary to the standard practice of using reference preferences and wages, these measures preserve preference heterogeneity in the normative step of the...

Persistent link: https://www.econbiz.de/10008693466

Modelling Low Income Transitions

Cappellari, Lorenzo; Jenkins, Stephen P. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2002

We examine the determinants of low income transitions using first-order Markov models that control for initial conditions effects (those found to be poor in the base year may be a nonrandom sample) and for attrition (panel retention may also be non-random). Our econometric model is a form of...

Persistent link: https://www.econbiz.de/10004963755

Labor Supply and Child Care Choices in a Rationed Child Care Market

Wrohlich, Katharina - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006

In this paper, I suggest an empirical framework for the analysis of mothers' labor supply and child care choices, explicitly taking into account access restrictions to subsidized child care. This is particularly important for countries such as Germany, where subsidized child care is rationed and...

Persistent link: https://www.econbiz.de/10004963799

Alternative Measures of the Explanatory Power of Multivariate Probit Models with Continuous or Ordinal Responses

Spieß, Martin; Tutz, Gerhard - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2002

In this paper R2-type measures of the explanatory power of multivariate linear and categorical probit models proposed in the literature are reviewed and their deficiencies are discussed. It is argued that a measure of the explanatory power should take into account the components which are...

Persistent link: https://www.econbiz.de/10004963825

The Excess Demand for Subsidized Child Care in Germany

Wrohlich, Katharina - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2005

The extension of subsidized child care is currently on the top of the political agenda in Germany. In this paper the excess demand for subsidized child care slots is estimated using a partial observability model in the style of Abowd and Farber (1982). The results show that more than 50 percent...

Persistent link: https://www.econbiz.de/10004963975

"Marginal Employment": Stepping Stone or Dead End? Evaluating the German Experience

Freier, Ronny; Steiner, Viktor - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

"Marginal Employment", i.e. employment at low working hours and earnings not covered by social security, has been gaining importance in the German economy over the past decade. Using a large newly available panel data set and statistical matching techniques, we analyse the effects of marginal...

Persistent link: https://www.econbiz.de/10005068720