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The labor supply of West German married and cohabiting couples is analyzed using a discrete choice model. Following van Soest (1995), the labor supply decision is based on a household utility function which is determined by the leisure of the two spouses and net household income. Furthermore,...
Persistent link: https://www.econbiz.de/10013428181
In this paper the impact of working hours on the gross hourly wage rate of West German women is analyzed. We use a simultaneous wage-hours model which takes into account the participation decision. First, our estimates show that the hourly wage rate is strongly affected by the working hours. In...
Persistent link: https://www.econbiz.de/10013428291
Total employment in Germany is supposed to increase if people could realize their desired working hours. However, this … additional work-sharing in Germany. Furthermore, the match between actual and desired hours of Germans would improve if Germans … that hours restrictions shrank over time, which means, Germany seems to be moving towards a more flexible labor market. …
Persistent link: https://www.econbiz.de/10013428359
Discontinuities in the employment profile are supposed to cause wage cuts since they imply an interruption in the accumulation of human capital as well as a depreciation of the human capital stock built up in the past. In this paper, we estimate the return to effective experience, taking into...
Persistent link: https://www.econbiz.de/10013428383
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