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. This paper investigates the importance of incentives inherent in the tax-benefit system for the individual decision to take … up work. Using German microdata over the period 1993-2010 we find that recent reforms in Germany increased work … incentives at the extensive margin measured by the Participation Tax Rate (PTR), particularly for low-income individuals. Work …
Persistent link: https://www.econbiz.de/10011295803
while unemployed and the subsequent firms’ success. To do so, we create a comprehensive dataset on founders in Germany that …
Persistent link: https://www.econbiz.de/10012241969
Although a relevant share of firms is created out of unemployment and current active labor market policies in Europe often subsidize unemployed individuals to start their own businesses, little is known about the role of unemployment insurance (UI) generosity for self-employment. By using...
Persistent link: https://www.econbiz.de/10012314595
Although a meaningful percentage of firms are created out of unemployment and current active labor market policies in Europe often subsidize unemployed individuals to start their own businesses, little is known about the role of unemployment insurance (UI) generosity for selfemployment. By using...
Persistent link: https://www.econbiz.de/10012520079
Due to its extraordinary explanatory power for individual behavior, the interest in the concept of locus of control (LOC) has increased substantially within applied economic research. But, even though LOC has been found to affect economic behavior in many ways, the reliability of these findings...
Persistent link: https://www.econbiz.de/10011760721
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011405097
’ careers if this decline is particularly severe in their local labor market? This paper uses administrative data from Germany …
Persistent link: https://www.econbiz.de/10013266324
normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that …
Persistent link: https://www.econbiz.de/10012167052
Persistent link: https://www.econbiz.de/10013428189
This paper emphasizes the two-way causality between the provision of unemployment insurance and the cultural transmission of work ethic. Values affect the size of the moral-hazard problem and, hence, the policy to be implemented. Conversely, when parents rationally choose how much effort to...
Persistent link: https://www.econbiz.de/10003868513