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 …

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 …

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 …

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 …

-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 …

formation of reservation wages. Building on the theoretical reasoning of compensating differentials proposing that the labor … market compensates higher wage risk with higher wages, this study investigates whether the gender gap in wage expectations … school graduates in which we elicited information on the entire distribution of expected wages, this study documents that …