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Hours risk and wage risk: Repercussions over the life-cycle

Jessen, Robin; König, Johannes - 2020

-cycle insurance impact is much smaller. At the mean, a positive hours shock of one standard deviation raises life-time income by 10 …

Persistent link: https://www.econbiz.de/10012167390

Longevity, life-cycle behavior and pension reform

Haan, Peter; Prowse, Victoria - 2011

How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment, retirement and consumption decisions of forward-looking...

Persistent link: https://www.econbiz.de/10010286305

Insurance, redistribution, and the inequality of lifetime income

Haan, Peter; Kemptner, Daniel; Prowse, Victoria - 2017

lifetime earnings between individuals with different skill endowments and by providing individuals with insurance against … risk. Progressive taxation of annual earnings provides little insurance against lifetime earnings risk. The lifetime … insurance effects of taxation may be improved by moving to a progressive tax on lifetime earnings. Similarly, the lifetime …

Persistent link: https://www.econbiz.de/10011784169

The role of aggregate preferences for labor supply - evidence from low-paid employment

Haywood, Luke; Neumann, Michael - 2017

Labor supply in the market for low-paid jobs in Germany is strongly influenced by tax exemptions - even for individuals to whom these exemptions do not apply. We present compelling evidence that an individual's choice set depends on other workers' preferences because firms cater their job offers...

Persistent link: https://www.econbiz.de/10011631080

The gender gap in wage expectations: Do young women trade off higher wages for lower wage risk?

Zambre, Vaishali - 2018

Several studies show that young women start with lower wage expectations than men, even before entering the labor market and that this partly translates into the actual gender wage gap through effects on educational choice and the formation of reservation wages. Building on the theoretical...

Persistent link: https://www.econbiz.de/10011873684

Labor supply under participation and hours constraints: An extended structural model for policy evaluations

Müller, Kai-Uwe; Neumann, Michael; Wrohlich, Katharina - 2018

The paper extends a static discrete-choice labor supply model by adding participation and hours constraints. We identify restrictions by survey information on the eligibility and search activities of individuals as well as actual and desired hours. This provides for a more robust identification...

Persistent link: https://www.econbiz.de/10011912630

Optimal taxation: the design of child related cash- and in-kind-benefits

Haan, Peter; Wrohlich, Katharina - 2007

This paper contributes to the debate about the optimal design of tax-transfer systems. Based on the theory of optimal taxation, combined with microsimulation and microeconometric techniques we derive the welfare function which makes the current German tax and transfer system for single women...

Persistent link: https://www.econbiz.de/10010264977

Can child care policy encourage employment and fertility? Evidence from a structural model

Haan, Peter; Wrohlich, Katharina - 2009

In this paper we develop a structural model of female employment and fertility which accounts for intertemporal feedback effects between the two outcomes. We identify the effect of financial incentives on the employment and fertility decision by exploiting variation in the tax and transfer...

Persistent link: https://www.econbiz.de/10010271140

A structural approach to estimating the effect of taxation on the labor market dynamics of older workers

Haan, Peter; Prowse, Victoria - 2009

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...

Persistent link: https://www.econbiz.de/10010271159

The design of unemployment transfers: Evidence from a dynamic structural life-cycle model

Haan, Peter; Prowse, Victoria - 2010

induced by unemployment insurance. The model features a detailed specification of the tax and transfer system, including … unemployment insurance benefits which depend on an individual's employment and earnings history. The model also captures the … for unemployment insurance benefits which varied by age and experience. The results show that a policy cut in the …

Persistent link: https://www.econbiz.de/10010271367

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