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We build a life cycle model of labor supply that incorporates changes along both the intensive and extensive margin and use it to assess the consequences of changes in tax and transfer policies on equilibrium hours of work. We find that changes in taxes have large aggregate effects on hours of...
Persistent link: https://www.econbiz.de/10012465638
worked and tax rates in three sets of economies: the US, Continental Europe and Scandinavia. While tax rates are highest in … Scandinavia, hours worked in Scandinavia are significantly higher than they are in Continental Europe. I argue that differences in …
Persistent link: https://www.econbiz.de/10012465766
worked in Europe decline by almost 45% compared to the US over this period. This change is almost an order of magnitude … mid 1970s. Third, the decline in hours worked in Europe is almost entirely accounted for by the fact that Europe develops …
Persistent link: https://www.econbiz.de/10012465767
the U.S. and Europe. Another popular view is that these differences are explained by long-standing European "culture," but … the U.S. and Europe. These policies do not seem to have increased employment, but they may have had a more society …
Persistent link: https://www.econbiz.de/10012467406
This paper examines the role that work incentives play in the determination of work hours. Following previous research by Lang (1989), we use a conventional efficiency wage model to analyze how firms respond to worker preferences regarding wage-hours packages. We find that when workers are...
Persistent link: https://www.econbiz.de/10012475106
substantial and persistent negative effects of source country fertility on the labor supply of female immigrants except when we …
Persistent link: https://www.econbiz.de/10012464260
and older immigrants. I divide new immigrants, older immigrants, and natives into distinct skill groups and focus on skill …-group-specific outcomes within cities. An important first question is" whether inflows of new immigrants lead to outflows of natives or …-city migration flows of natives and older immigrants are largely" unaffected by new immigrant inflows. Inflows of new immigrants are …
Persistent link: https://www.econbiz.de/10012472897
In this paper, we document the importance of high-skilled immigration for U.S. employment in STEM fields. To begin, we … previous highs. Next, we consider the importance of immigrant labor to STEM employment. Immigrants account for a … earnings parity with natives; in STEM fields, they achieve parity in less than a decade …
Persistent link: https://www.econbiz.de/10012456057
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