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Persistent link: https://www.econbiz.de/10003577477
- Germany. We find, for instance, that for West-workers hearing impediments are on average equivalent to an income reduction of …
Persistent link: https://www.econbiz.de/10011435018
In this paper we develop a discrete model of optimal taxation of married couples and empirically discuss the optimality of income taxation for this group. To this end, we derive the social welfare function which guarantees that joint taxation of married couples is optimal. We will contrast this...
Persistent link: https://www.econbiz.de/10003779678
An adequate theory of happiness or subjective well-being (SWB) needs to link at least three sets of variables: stable … satisfaction. Using these data, the paper suggests a major revision to the set point or dynamic equilibrium theory of SWB in order … and Tellegen, 1996). Previously, theory focused on evidence that individuals have their own equilibrium level or set point …
Persistent link: https://www.econbiz.de/10003346302
social resources on the individual length of unemployment in Germany are analysed with data from the German Socio … to new additional findings. In West-Germany mobile persons and actors with internal control find a job more easily while … in East-Germany social capital has a positive influence on the probability of reemployment. …
Persistent link: https://www.econbiz.de/10011438269
unemployment in Germany, as well as several usually unobserved characteristics like personality traits, attitudes, expectations …
Persistent link: https://www.econbiz.de/10010400598
In a standard dynamic stochastic general equilibrium framework, with sticky prices, the cross sectional distribution of output and inflation across a population of firms is studied. The only form of heterogeneity is confined to the probability that the ith changes its prices in response to a...
Persistent link: https://www.econbiz.de/10003844356
Due to the complexity of employment protection legislation (EPL) in Germany, there is notable uncertainty about the …
Persistent link: https://www.econbiz.de/10003230706
In this paper a dynamic bi-factor model with Markov switching is proposed to measure and predict turning points of the German business cycle. It estimates simultaneously the composite leading indicator (CLI) and composite coincident indicator (CCI) together with corresponding probabilities of...
Persistent link: https://www.econbiz.de/10002927882
Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However, the possibility to report sick creates an additional moral hazard, since during sickness spells, minimum requirements on search behavior do not apply. This reduces the ex-ante...
Persistent link: https://www.econbiz.de/10011414725