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Wage Risk and Employment Risk over the Life Cycle
Low, Hamish; Meghir, Costas; Pistaferri, Luigi - Institute for the Study of Labor (IZA) - 2008
stamps which partially insure productivity risk is greater than the value of unemployment insurance which provides (partial …
Persistent link: https://www.econbiz.de/10005822852
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Longevity, Life-Cycle Behavior and Pension Reform
Haan, Peter; Prowse, Victoria L. - Institute for the Study of Labor (IZA) - 2011
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To 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...
Persistent link: https://www.econbiz.de/10009216747
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Income Receipt and Mortality: Evidence from Swedish Public Sector Employees
Andersson, Elvira; Lundborg, Petter; Vikström, Johan - Institute for the Study of Labor (IZA) - 2014
In this paper, we study the short-run effect of salary receipt on mortality among Swedish public sector employees. By exploiting variation in pay-days across work-places, we completely control for mortality patterns related to, for example, public holidays and other special days or events...
Persistent link: https://www.econbiz.de/10010886134
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Capital Income Taxation and the Mirrlees Review
Apps, Patricia; Rees, Ray - Institute for the Study of Labor (IZA) - 2012
The Mirrlees Review of the UK tax system, together with its companion volume of research papers, can be expected to influence future discussions of tax reform. Indeed, this can already be recognised in the Henry Review. As far as income taxation is concerned, the most substantive recommendation...
Persistent link: https://www.econbiz.de/10010552954
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Life Cycle Time Allocation and Saving in an Imperfect Capital Market
Apps, Patricia; Rees, Ray - Institute for the Study of Labor (IZA) - 2004
This paper combines income and expenditure with time use data to provide a unique picture of the time paths of labour supplies, saving and full consumption for two-adult households over the life cycle. These data are used to test the life cycle model presented in the paper, at the core of which...
Persistent link: https://www.econbiz.de/10005763597
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Gender, Time Use and Public Policy over the Life Cycle
Apps, Patricia; Rees, Ray - Institute for the Study of Labor (IZA) - 2005
In this paper we compare gender differences in the allocation of time to market work, domestic work, child care, and leisure over the life cycle. Time use profiles for these activity categories are constructed on survey data for three countries: Australia, the UK and Germany. We discuss the...
Persistent link: https://www.econbiz.de/10005762224
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Household Saving and Full Consumption over the Life Cycle
Apps, Patricia; Rees, Ray - Institute for the Study of Labor (IZA) - 2001
This paper extends the standard model of life cycle consumption, saving and labor supply in a number of directions. First, it argues that consumption should be defined as expenditure on household production as well as on market goods, that is, we are interested in life cycle profiles of full...
Persistent link: https://www.econbiz.de/10005762285
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Imposed Benefit Sanctions and the Unemployment-to-Employment Transition: The German Experience
Müller, Kai-Uwe; Steiner, Viktor - Institute for the Study of Labor (IZA) - 2008
We analyze the effect of imposed benefit sanctions on the unemployment-to-employment transition of unemployed people … entitled to unemployment compensation on the basis of register data from the German Federal Employment Agency. We combine … effects diminish with the elapsed unemployment duration until a sanction is imposed. The limited use of benefit sanctions can …
Persistent link: https://www.econbiz.de/10005763897
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Benefit-Entitlement Effects and the Duration of Unemployment: An Ex-Ante Evaluation of Recent Labour Market Reforms in Germany
Schmitz, Hendrik; Steiner, Viktor - Institute for the Study of Labor (IZA) - 2007
We analyse benefit-entitlement effects and the likely impact of the recent reform of the unemployment compensation … system on the duration of unemployment in Germany on the basis of a flexible discrete-time hazard rate model estimated on pre … unemployed who are eligible to means-tested unemployment assistance after the exhaustion of unemployment benefit, but not for …
Persistent link: https://www.econbiz.de/10005762109
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Does It Pay for Women to Volunteer?
Sauer, Robert M. - Institute for the Study of Labor (IZA) - 2012
This paper estimates the economic and non-economic returns to volunteering for prime-aged women. A woman's decision to engage in unpaid work, and to marry and have children, is formulated as a forward-looking discrete choice dynamic programming problem. Simulated maximum likelihood estimates of...
Persistent link: https://www.econbiz.de/10011252286