This paper analyses the effects of different model specifications.

This paper proposes validation using simulation based indirect estimation. It uses typical characteristic moments of financial market data to assess the similarity of simulation outcomes.

We investigate the observable determinants of sorting between salary and performace pay jobs, the extent to which wage functions differ between the two, and the magnitude of the unobserved ability differential between salary and performance pay workers...

Switzerland has one of the highest employment rates of older individuals amongindustrialized countries. Nevertheless, in the past decade, Switzerland has experienced amarked trend toward early retirement. This study analyzes the motives of early retirement inSwitzerland in the 1990s...

In this paper we empirically examine differences in search behavior between men andwomen. We assess hypotheses regarding duration of search, wages and tenure. Thehypotheses are derived from two models: the equilibrium search model with discriminatoryfirms by Black (1995) and an opportunity cost...

Our econometric research allows for a possible response of a person's hours worked tohours typically worked by members of a multidimensional labor market reference group thatconsiders demographics and geographic location...

This paper examines the effects of the Working Families´ Tax Credit (WFTC) on couples inBritain. We develop a simple model of household decisions which explicitly accounts for therole played by the tax and benefit system. Its main implications are then tested using paneldata from the British...

This paper extends previous research about the determinants of reservation wages byanalysing the effect of progressive income taxation on the ratio between reservation and netmarket wages...

We show that taxation of rents may yield an intergenerational Pareto-improvement in a smallopen economy provided tax revenues are earmarked to reduce wage taxes...