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We argue that one major cause of the U.S. postwar baby boom was the increased demandfor female labor during World War II. We develop a quantitative dynamic general equilibriummodel with endogenous fertility and female labor-force participation decisions...
Persistent link: https://www.econbiz.de/10005860583
In this paper we develop a dynamic structural life-cycle model of labor supply behavior which fully accounts for the effect of income tax and transfers on labor supply incentives. Additionally, the model recognizes the demand side driven rationing risk that might prevent individuals from...
Persistent link: https://www.econbiz.de/10005859699
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...
Persistent link: https://www.econbiz.de/10005863258