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only reduce their commuting costs by reducing total labour supply. However, a labour supply model which also allows for … optimally chosen daily hours implies that commuting costs increase daily hours, whereas the effect on total labour supply is … commuting distance using the socio-economic panel data for Germany between 1997 and 2007. Endogeneity of commuting distance is …
Persistent link: https://www.econbiz.de/10013146827
This paper presents a comprehensive analysis of the role of capital taxation in advanced economies with a focus on the Swedish experience. We synthesize the existing theoretical literature, present facts about the capital stock and its distribution, review current capital tax practices and...
Persistent link: https://www.econbiz.de/10012920443
This paper characterizes optimal income taxation when individuals respond along both the intensive and extensive margins. Individuals are heterogeneous across two dimensions: specifically, their skill and disutility of participation. Preferences over consumption and work effort can differ with...
Persistent link: https://www.econbiz.de/10013146460
A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are … selection will bias downward the wage impact of commuting, and marginally affect the coefficients on education, age and gender … impact of commute time on job acceptance decisions. We also use the theory to calculate the bargaining power of workers which …
Persistent link: https://www.econbiz.de/10013155006
Recent theoretical work has examined the spatial distribution of unemployment using the efficiency wage model as the mechanism by which unemployment arises in the urban economy. This paper extends the standard efficiency wage model in order to allow for behavioral substitution between leisure...
Persistent link: https://www.econbiz.de/10012751966
and commuting costs because firms need to compensate the transportation cost difference between the employed and …
Persistent link: https://www.econbiz.de/10013317124
. They reside in a city and commuting to the job center involves both pecuniary and time costs. Thus, workers with high wages … are willing to live closer to jobs to save on time commuting costs. We show that, in equilibrium, there is a one … commuting costs and land rent create additional frictions in the labor market …
Persistent link: https://www.econbiz.de/10013317149
Daily commuting of workers is a complex phenomenon that has attracted research attention for many years and, despite … the significant literature acknowledging differences between morning and evening commuting, commuting to and from work are … considered symmetric trips in much of the prior research. We explore the asymmetries in time spent commuting to and from work, in …
Persistent link: https://www.econbiz.de/10014255450
There is clear evidence that fairness plays a role in redistribution. Individuals want to compensate others for their misfortune, while they allow them to enjoy the fruits of their effort. Such fairness considerations have been introduced in political economy and optimal income tax models with a...
Persistent link: https://www.econbiz.de/10013134816
We study optimal tax and educational policies in a dynamic private information economy, in which ex-ante heterogeneous individuals make an educational investment early in their life and face a stochastic wage distribution. We characterize labor and education wedges in this setting analytically...
Persistent link: https://www.econbiz.de/10013118777