Showing 1 - 10 of 73
address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment …, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the … full pensionable age generates the largest responses in labor supply and retirement behavior. …
Persistent link: https://www.econbiz.de/10009195630
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance … the early retirement option, the simulations indicate that a means test mitigates the moral hazard problem substantially. …
Persistent link: https://www.econbiz.de/10010685901
The retirement decision is under researched in developing and emerging countries, despite the topic's close relation to … threefold increase in the legal minimum pension on labor supply and retirement behaviour at older ages. Applying difference … income effect that caused additional retirement of 30 to 47 percent. Additional evidence suggests that retirement incentives …
Persistent link: https://www.econbiz.de/10008555911
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
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
employment of their parents. We analyse several kinds of trade-offs involved using a careful selection of potential changes to … poverty, low female employment and one of the lowest fertility rates in Europe. We demonstrate the complexity of potential …
Persistent link: https://www.econbiz.de/10010729193
low female employment regime. Family size is instrumented using twinning and gender composition of the first two children …. Among families with at least one child we identify the average causal effect of an additional child on mother's employment … to be -7.1 percentage points. However, we find no effect of additional children on female employment among families with …
Persistent link: https://www.econbiz.de/10010896199
This paper extends previous research about the determinants of reservation wages by analysing the effect of progressive income taxation on the ratio between reservation and net market wages. Based on micro data for Germany (SOEP) we show that joint income taxation in Germany which discriminates...
Persistent link: https://www.econbiz.de/10004963606
In this paper we develop a structural model of female employment and fertility which accounts for intertemporal … feedback effects between the two outcomes. We identify the effect of financial incentives on the employment and fertility … decision by exploiting variation in the tax and transfer system which differs by employment state and number of children. To …
Persistent link: https://www.econbiz.de/10008461827
educational achievements, but that it may also leave a long-lasting "imprint" in terms of employment and fertility patterns. …
Persistent link: https://www.econbiz.de/10008682203