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This paper develops a dynamic general equilibrium model where employers may avoid making social security contributions by offering some workers "secondary contracts". When calibrated using aggregate tax revenue data, the model delivers estimates of secondary "off the books" employment that are...
Persistent link: https://www.econbiz.de/10012271653
In most countries Parliamentary immunity protects lawmakers from civil or criminal charges while in office, and it shields them from prosecution for their political speech or political actions. This paper presents the first empirical analysis in the literature of the impact of Parliamentary...
Persistent link: https://www.econbiz.de/10012517500
This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using … rate. Labour market deregulation, proxied by the employment protection legislation index, is detrimental to unemployment in … product and labour market deregulations, workers distinguished by age and by educational attainment are affected differently …
Persistent link: https://www.econbiz.de/10011871988
tradition, cultural values, social capital – factors that go beyond the standard explanation of economic theory – provide a more … satisfying interpretation. -- Youth employment ; unemployment ; social capital ; institutions …
Persistent link: https://www.econbiz.de/10003937042
jointness. Second, we consider the labour supply distortion on secondary earners relative to primary earners implied by the … adopting a small-reform methodology, it is possible to set out a simple analysis based on more realistic labour supply models … large marriage penalties at the bottom of the distribution driven primarily by features of the transfer system. -- Labour …
Persistent link: https://www.econbiz.de/10003801065
This study contributes to the female labor supply responsiveness literature by measuring the effect of tax-benefit policies on female labor supply based on a broad sample of 26 European countries in 2005-2010. The tax-benefit microsimulation model EUROMOD is used to calculate a measure of work...
Persistent link: https://www.econbiz.de/10010502756
We examine the revenue and redistributive effects of tax policy reforms in twelve European countries over the decade between the financial crisis and the outbreak of the COVID-19 pandemic, setting them against the implications of a hypothetical system reflecting the extent of fiscal drag...
Persistent link: https://www.econbiz.de/10013206285
Whether observed differences in redistributive policies across countries are the result of differences in social preferences or efficiency constraints is an important question that paves the debate about the optimality of welfare regimes. To shed new light on this question, we estimate labor...
Persistent link: https://www.econbiz.de/10009124584
Pension systems have recently been under scrutiny because of the expected population ageing threatening its sustainability. This paper's contribution to the debate is from a political economic perspective as it uses data from a choice experiment to investigate individual preferences for an...
Persistent link: https://www.econbiz.de/10003903202
Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such contests can be determined by a designer who is driven by political considerations with a specific political culture. The main objective of this study is to analyze the effect of...
Persistent link: https://www.econbiz.de/10009007019