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A collective retirement model : identification and estimation in the presence of externalities

Michaud, Pierre-Carl (contributor); … - 2004 - [Elektronische Ressource]

We study the labor supply dynamics of elderly couples by means of a structural collective model. The model allows for general externalities with respect to spouses' leisure. Preferences and the intrahousehold bargaining process are identified by using panel data with couples and individuals who...

Persistent link: https://www.econbiz.de/10002352153

Informal care and employment in England : evidence from the British household panel survey

Heitmueller, Axel (contributor); … - 2006

effects and correlated unobserved heterogeneity. We find evidence of a causal link from informal care to employment with … employment rates reduced by up to 6 percentage points. However, this effect is only found for co-residential carers who account … significantly smaller link from employment to care provision is found. A micro-simulation exercise using the model estimates suggest …

Persistent link: https://www.econbiz.de/10003292053

Employment dynamics of married women in Europe

Michaud, Pierre-Carl (contributor); … - 2005

heterogeneity. Results are used to relate cross-country differences in the employment rate to the estimated dynamic regimes. We find … that cross-country differences in the employment rate and the persistence of employment transitions of married women are … the dynamic effect of fertility. -- intertemporal labor supply ; female employment ; dynamic binary choice models …

Persistent link: https://www.econbiz.de/10003039651

The prevalence and effects of occupational licensing

Kleiner, Morris M. (contributor); … - 2008

This study provides the first nation-wide analysis of the labor market implications of occupational licensing for the U.S. labor market, using data from a specially designed Gallup survey. We find that in 2006, 29 percent of the workforce was required to hold an occupational license from a...

Persistent link: https://www.econbiz.de/10003754928

Wage formation between newly hired workers and employers : survey evidence

Hall, Robert Ernest (contributor); … - 2008

Some workers bargain with prospective employers before accepting a job. Others could bargain, but find it undesirable, because their right to bargain has induced a sufficiently favorable offer, which they accept. Yet others perceive that they cannot bargain over pay; they regard the posted wage...

Persistent link: https://www.econbiz.de/10003769583

International differences in longevity and health and their economic consequences

Michaud, Pierre-Carl; Goldman, Dana P.; Lakdawalla, Darius - 2009

In 1975, 50 year-old Americans could expect to live slightly longer than their European counterparts. By 2005, American life expectancy at that age has diverged substantially compared to Europe. We find that this growing longevity gap is primarily the symptom of real declines in the health of...

Persistent link: https://www.econbiz.de/10003893888

How did the elimination of the earnings test above the normal retirement age affect retirement expectations?

Michaud, Pierre-Carl (contributor); … - 2007

We look at the effect of the 2000 repeal of the earnings test above the normal retirement age (NRA) on retirement expectations of male workers in the Health and Retirement Study (HRS). Using administrative records on Social Security benefit entitlements linked to the HRS survey data, we can...

Persistent link: https://www.econbiz.de/10003609614

Entrepreneurship, wealth, liquidity constraints and start-up costs

Fonseca, Raquel (contributor); … - 2007

We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship. The model predicts that, with liquidity...

Persistent link: https://www.econbiz.de/10003609770

The reliability of subjective well-being measures

Krueger, Alan B. (contributor); Schkade, David (contributor) - 2007

This paper studies the test-retest reliability of a standard self-reported life satisfaction measure and of affect measures collected from a diary method. The sample consists of 229 women who were interviewed on Thursdays, two weeks apart, in Spring 2005. The correlation of net affect (i.e.,...

Persistent link: https://www.econbiz.de/10003578860

Sorting in the labor market : do gregarious workers flock to interactive jobs?

Krueger, Alan B. (contributor); Schkade, David (contributor) - 2007

This paper tests a central implication of the theory of equalizing differences, that workers sort into jobs with different attributes based on their preferences for those attributes. We present evidence from four new time-use data sets for the United States and France on whether workers who are...

Persistent link: https://www.econbiz.de/10003579983