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Pollution is a common byproduct of economic activity. Although policymakers should account for both the benefits and the negative externalities of polluting activities, it is difficult to identify those who are harmed and those who benefit from them. To overcome this challenge, our paper uses a...
Persistent link: https://www.econbiz.de/10011457393
This paper compares the poverty reduction impact of income sources, taxes and transfers across five OECD countries. Since the estimation of that impact can depend on the order in which the various income sources are introduced into the analysis, it is done by using the Shapley value. Estimates...
Persistent link: https://www.econbiz.de/10003777874
We review the empirical literature about the implications of the computerization of the labor market to see whether it can explain observed computer adoption patterns and (long-term) changes in the wage structure. Evidence from empirical micro studies turns out to be inconsistent with macro...
Persistent link: https://www.econbiz.de/10003771543
This paper quantifies the economic well-being of different age groups and the extent of their reliance on incomes from public and private sources. The aim is to establish how social benefits, and the taxes needed to finance them, affect income levels and disparities across different age groups....
Persistent link: https://www.econbiz.de/10003335455
principles, instruments, target groups and governance in Germany, France, the Netherlands, Switzerland, the United Kingdom, the …
Persistent link: https://www.econbiz.de/10003793501
household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First …, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it …
Persistent link: https://www.econbiz.de/10003896465
This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
Persistent link: https://www.econbiz.de/10003959628
This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the …
Persistent link: https://www.econbiz.de/10008806578
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
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz ….S. and Germany but there were various country specific aspects of this increase. For the U.S., we find faster wage growth … Germany. Moreover, we see a large role played by cohort effects in Germany, while we find only small cohort effects in the U …
Persistent link: https://www.econbiz.de/10003944725