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This research develops an expanded unified growth theory that incorporates the endogenous accumulation of physical capital, population, human capital, and technology. The model incorporates a complementarity between physical capital and human capital and can be extended to a multi-country...
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Based on a structural model of fertility and female labour force supply with unobserved heterogeneity and state … generous earnings-related transfer. The model predicts a short-term fertility effect of about 4%, which is consistent with … recent quasi-experimental evidence. The fertility effect is strongest for first births and increases with income. We use the …
Persistent link: https://www.econbiz.de/10010416349
Employment tax credit programs have been repeatedly used during economic crises, although their usefulness is empirically contestable. The objective of this paper is to quantify the tax effects of employment tax credit programs. A recent revision of the German inheritance tax law provides an...
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innovative and unchanged products is developed and estimated using comparable firm-level data from France, Germany, Spain and the …
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Reputation indexes of employment protection have proven popular constructs in studies of the covariation of labor market institutions and macroeconomic outcomes. Portugal occupies an unenviable rank order in such measures of the stringency of employment protection. We critique this reputation in...
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