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The public finance literature demonstrates the equivalence between consumption and laborincome (wage) taxes. We introduce an experimental paradigm in which individuals make real labor-leisure choices and spend their earned income on real goods. We use this paradigm to test whether a labor-income...
Persistent link: https://www.econbiz.de/10010274549
We compare a set of econometric studies that measure the effect of net internal migration in neoclassical models of long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence is about 2.7%. An increase in the net migration rate of...
Persistent link: https://www.econbiz.de/10010269575
This paper provides a meta-analysis of 55 empirical studies estimating the employment effects of minimum wages in 15 industrial countries. It strongly confirms the notion that the effects of minimum wages are heterogeneous between countries. As possible sources of heterogeneity, it considers the...
Persistent link: https://www.econbiz.de/10010269767
This paper presents a meta-analysis of recent microeconometric evaluations of active labor market policies. Our sample consists of 199 program estimates drawn from 97 studies conducted between 1995 and 2007. In about one-half of these cases we have both a short-term impact estimate (for a...
Persistent link: https://www.econbiz.de/10010277124
Since the early 1990s many empirical studies have been conducted on the impact of international migration on international trade, predominantly from the host country perspective. Because most studies have adopted broadly the same specification, namely a log-linear gravity model of export and...
Persistent link: https://www.econbiz.de/10010282213
A meta-analysis is used to study the average wage effects of on-the-job training. This study shows that the average reported wage effect of on-the-job training, corrected for publication bias, is 2.6 per cent per course. The analyses reveal a substantial heterogeneity between training courses,...
Persistent link: https://www.econbiz.de/10010282522
This research evaluates the impact on German household labor supply of various subsidy schemes proposed to foster low …-wage employment. Using data from the German Socio-Economic Panel, we estimate a discrete choice model of household labor supply. On … different policies raising low labor earnings at the individual and household levels. In all cases, the labor supply effect is …
Persistent link: https://www.econbiz.de/10010262335
In Germany, two observations can be tracked over the past 15 to 20 years: First, income inequality has constantly … increased while, second, the average household size has been declining dramatically. The analysis of income distribution relies … on equivalence-weighted incomes, which take into account household size. Therefore, there is an obvious link between …
Persistent link: https://www.econbiz.de/10010269298
In Germany, two observations can be made over the past 20 years: First, income inequality has been constantly … increasing while, second, the average household size has been declining dramatically. The analysis of income distribution relies … on equivalence-weighted incomes which take into account household size. Therefore, there is an obvious link between these …
Persistent link: https://www.econbiz.de/10010269667
People use information about their ability to choose tasks. If more challenging tasks provide more accurate information about ability, people who care about and who are risk averse over their perception of their own ability will choose tasks that are not sufficiently challenging. Overestimation...
Persistent link: https://www.econbiz.de/10010269111