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This study examines the determinants of the reservation wage of unemployed persons in the Federal Republic of Germany …
Persistent link: https://www.econbiz.de/10012478551
paper shows that UI extensions at age thresholds reduced reemployment wages of job searchers in Germany. The UI extensions …This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …
Persistent link: https://www.econbiz.de/10012458891
We measure extensive-margin labor supply (employment) preferences in two representative surveys of the U.S. and German populations. We elicit reservation raises: the percent wage change that renders a given individual indifferent between employment and nonemployment. It is equal to her...
Persistent link: https://www.econbiz.de/10012533319
's Germany and - by identifying important shifts in home production technology towards more complementarity - on the evolution of …
Persistent link: https://www.econbiz.de/10012585367
The taxation of bequests can have a positive impact on the labor supply of heirs through wealth effects. This leads to an increase in future labor income tax revenue on top of direct bequest tax revenue. We first show in a theoretical model that a simple back-of-the-envelope calculation, based...
Persistent link: https://www.econbiz.de/10012480732
In 1997 Chancellor Kohl proposed a major pension reform and pushed the law through Parliament explaining that the German PAYG system had become unsustainable. One limitation of the new law -- one that is crucial for our identification strategy -- is that it left the generous pension entitlements...
Persistent link: https://www.econbiz.de/10012464736
time-diary data for Australia, Germany and the Netherlands. Direct estimates of the utility derived from goods consumption …
Persistent link: https://www.econbiz.de/10012465527
policy. It takes Germany as an example, but it equally applies to the other large economies in Continental Europe. The paper …
Persistent link: https://www.econbiz.de/10012470075
occupational contrasts and that hours worked raises future wages and promotion prospects in longitudinal data …
Persistent link: https://www.econbiz.de/10012470681
All across Europe, old age labor force participation has declined dramatically during the last decades. This secular trend coincides with population aging. The European social security systems therefore face a double threat: retirees receive pensions for a longer time while there are less...
Persistent link: https://www.econbiz.de/10012472033