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Structural labor supply models and wage exogeneity
Löffler, Max; Peichl, Andreas; Siegloch, Sebastian - 2014
elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption … between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests …
Persistent link: https://www.econbiz.de/10010380515
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Long-run consequences of informal elderly care and implications of public long-term care insurance
Korfhage, Thorben - 2019
In this paper, I estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor market frictions and the German tax and benefit system. I find that informal elderly care has adverse and persistent effects on labor market outcomes and therefore...
Persistent link: https://www.econbiz.de/10012053194
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Revisiting the evidence for a cardinal treatment of ordinal variables
Schröder, Carsten; Yitzhaki, Shlomo - 2015
Well-being (i.e., satisfaction, happiness) is a latent variable, impossible to observe directly. Hence, questionnaires ask people to grade their well-being in different life domains. The most common practice-comparing well-being by means of descriptive analysis or linear regressions-ignores that...
Persistent link: https://www.econbiz.de/10011287015
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Pay for play : the financial value of NCAA football players
Borghesi, Richard - In: Applied economics 49 (2017) 46, pp. 4657-4667
Persistent link: https://www.econbiz.de/10011844754
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Returns to job satisfaction in the presence of horizontal mismatch
Ge, Qi; Jordan, Eun Jung; Kim, Myongjin; Shen, Leilei - In: Applied economics 52 (2020) 27, pp. 2913-2930
Persistent link: https://www.econbiz.de/10012221460
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Why has income inequality in Germany increased from 2002 to 2011? : a behavioral microsimulation decomposition
Jessen, Robin - 2016
I propose a method to decompose changes in income inequality into the contributions of policy changes, wage rate changes, and population changes while considering labor supply reactions. Using data from the Socio-Economic Panel (SOEP), I apply this method to decompose the increase in income...
Persistent link: https://www.econbiz.de/10011572170
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Optimal social assistance and unemployment insurance in a life-cycle model of family labor supply and savings
Haan, Peter; Prowse, Victoria - 2015
We analyze empirically the optimal design of social insurance and assistance programs when families obtain insurance by making labor supply choices for both spouses. For this purpose, we specify a structural life-cycle model of the labor supply and savings decisions of singles and married...
Persistent link: https://www.econbiz.de/10010517688
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Optimal taxation under different concepts of justness
Jessen, Robin; Metzing, Maria; Rostam-Afschar, Davud - 2017
A common assumption in the optimal taxation literature is that the social planner maximizes a welfarist social welfare function with weights decreasing with income. However, high transfer withdrawal rates in many countries imply very low weights for the working poor in practice. We reconcile...
Persistent link: https://www.econbiz.de/10011791708
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Quantile treatment effects of Riester participation on wealth
Ihle, Dorothee - 2017
In numerous industrialized countries the demographic change erodes the financial basis of traditional pay-as-you-go pension systems. To compensate for decreasing statutory pensions, many governments incentivize private saving by meansof subsidized retirement plans. In this context, Germany...
Persistent link: https://www.econbiz.de/10011791713
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What makes an employer?
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander - 2019
As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important to better understand which variables influence the first hiring decision and which ones influence the subsequent survival as an employer. Using the German Socioeconomic Panel...
Persistent link: https://www.econbiz.de/10012123532