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uncompensated interest rate elasticity for savings, in line with the literature, to around zero. Accordingly, any policy …. -- Consumption-savings decision ; interest rate elasticity of savings ; income uncertainty …
Persistent link: https://www.econbiz.de/10009261306
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income … respondents to be controlled. The approach gives straightforward evidence: Obviously there is an optimal elasticity at which …
Persistent link: https://www.econbiz.de/10011433806
This paper exploits discontinuities induced by earnings caps for social security contributions (SSC) in Germany to analyse the effect of SSC on gross labour earnings. Empirical evidence is based on two complementary approaches utilising two administrative data sets. First, employment responses...
Persistent link: https://www.econbiz.de/10011280002
Labor supply in the market for low-paid jobs in Germany is strongly influenced by tax exemptions - even for individuals to whom these exemptions do not apply. We present compelling evidence that an individual's choice set depends on other workers' preferences because firms cater their job offers...
Persistent link: https://www.econbiz.de/10011630955
principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second … growth in the variance of residual wages over the first ten years of the worker's career are also the occupations with high …
Persistent link: https://www.econbiz.de/10003974544
-employee data. Estimation results reveal a sizable positive average impact on wages in East Germany and no effect in West Germany …-collar workers are used as control groups for differences-in-differences-in-differences estimation based on linked employer … the distribution suggesting spillover effects to wages where the minimum is not binding. -- Minimum wage ; construction …
Persistent link: https://www.econbiz.de/10009347963
as higher future wages and probabilities of promotion or job retention, which might help to explain why an increasing …
Persistent link: https://www.econbiz.de/10003230639
The positive association between moderate alcohol consumption and wages is well documented in the economic literature …-specific drinking behavior and wages. In our analysis, we disentangle the general wage effect of drinking into diverse effects for … different types of drinkers. Mincerian estimates reveal significant and positive relationships between wine drinkers and wages …
Persistent link: https://www.econbiz.de/10003726012
Die Studie analysiert die Determinanten der Inzidenz, des Umfangs und der Kompensation von Überstunden in Westdeutschland und Großbritannien in den Jahren 1991 bis 1998. Ist die Inzidenz von Überstunden in beiden Ländern noch durchaus vergleichbar, so arbeiten britische Arbeitnehmer im...
Persistent link: https://www.econbiz.de/10011433960
conditions. The issue of wage arrears (unpaid wages or outstanding pay), which affects half of all employees, plays an important … role in the determination of wages. Studies, which do not account for wage arrears, overestimate the overall inter …
Persistent link: https://www.econbiz.de/10011436169