. Using the German Socio-Economic Panel and the microsimulation model STSM, we find that hours and participation elasticities … the working poor. The first reform is financed through an increase in the effective marginal tax rate for welfare …

dynamic microsimulation model to a tax-benefit simulator that allows converting gross wages into disposable incomes. On …We quantify the private and fiscal lifetime returns to higher education in Germany accounting for the redistribution … through the tax-and-transfer system, cohort effects, and the effect of income pooling within households. For this purpose we …