It is still an open question whether increasing life expectancy as such is causing higher health care expenditures (HCE) in a population. According to the 'red herring' hypothesis, the positive correlation between age and HCE is exclusively due to the fact that mortality rises with age and a...

We estimate a dynamic structural life-cycle model of employment, non-employment and retirement that includes endogenous accumulation of human capital and intertemporal non-separabilities in preferences. Additionally, the model accounts for the effect of the tax and transfer system on work...

In this paper we develop a discrete model of optimal taxation of married couples and empirically discuss the optimality of income taxation for this group. To this end, we derive the social welfare function which guarantees that joint taxation of married couples is optimal. We will contrast this...