Showing 1 - 10 of 418
This paper bolsters Prescott’s (2004) claim that high taxes are responsible for lacklustre labor market performance in … continental European countries. We develop a lifecycle model with endogenous skill formation, endogenous labor supply, and … endogenous retirement. Labor taxation distorts not only labor supply, but also education and retirement decisions. Actuarially …
Persistent link: https://www.econbiz.de/10005181523
Using administrative employee-firm-level data on the entire private sector from 1994 to 2007, we show that the labor …
Persistent link: https://www.econbiz.de/10012987341
There is clear evidence that fairness plays a role in redistribution. Individuals want to compensate others for their misfortune, while they allow them to enjoy the fruits of their effort. This paper introduces fairness in a tax-benefit scheme that is based on several characteristics in order to...
Persistent link: https://www.econbiz.de/10009221559
Using data from the 2006 wave of the German Socio-Economic Panel (GSOEP), this paper analyzes how a minimum wage affects employment, wage inequality, public expenditures, and aggregate income in the low-wage sector. It is shown that a statutory minimum wage of EUR 7.50 per hour would cost...
Persistent link: https://www.econbiz.de/10005765743
Do minimum wages reduce in-work-poverty and wage inequality? Or can alternative policies do better? We evaluate theses …
Persistent link: https://www.econbiz.de/10005094296
Does the supply of a welfare state create its own demand? Many economic scholars studying welfare arrangements refer to Say’s law and insinuate a self-destructive welfare state. However, little is known about the empirical validity of these assumptions and hypotheses. We study the dynamic...
Persistent link: https://www.econbiz.de/10005051503
There is clear evidence that fairness plays a role in redistribution. Individuals want to compensate others for their misfortune, while they allow them to enjoy the fruits of their effort. This paper introduces fairness in a tax-benefit scheme that is based on several characteristics in order to...
Persistent link: https://www.econbiz.de/10013122256
Does the supply of a welfare state create its own demand? Many economic scholars studying welfare arrangements refer to Say's law and insinuate a self-destructive welfare state. However, little is known about the empirical validity of these assumptions and hypotheses. We study the dynamic effect...
Persistent link: https://www.econbiz.de/10013160043
Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size of the flows involved. But the system is complex overall. Its effectiveness could be enhanced in many ways, for example so as to achieve the same amount of redistribution at...
Persistent link: https://www.econbiz.de/10010641417
. If education is complementary to labor effort, education should be subsidized to offset tax distortions on labor supply … neither taxed nor subsidized. In particular, with non-linear tax instruments, education should be weakly separable from labor …
Persistent link: https://www.econbiz.de/10005765751