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Wage risk and employment risk over the life cycle
Low, Hamish; Meghir, Costas; Pistaferri, Luigi - 2008
stamps which partially insure productivity risk is greater than the value of unemployment insurance which provides (partial …
Persistent link: https://www.econbiz.de/10010268615
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Wage Risk and Employment Risk over the Life Cycle
Low, Hamish; Meghir, Costas; Pistaferri, Luigi - Institute for the Study of Labor (IZA) - 2008
stamps which partially insure productivity risk is greater than the value of unemployment insurance which provides (partial …
Persistent link: https://www.econbiz.de/10005822852
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Life Cycle Time Allocation and Saving in an Imperfect Capital Market
Apps, Patricia; Rees, Ray - 2004
This paper combines income and expenditure with time use data to provide a unique picture of the time paths of labour supplies, saving and full consumption for two-adult households over the life cycle. These data are used to test the life cycle model presented in the paper, at the core of which...
Persistent link: https://www.econbiz.de/10010261803
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Longevity, life-cycle behavior and pension reform
Haan, Peter; Prowse, Victoria L. - 2011
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment, retirement and consumption decisions of forward-looking...
Persistent link: https://www.econbiz.de/10010285996
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Longevity, Life-Cycle Behavior and Pension Reform
Haan, Peter; Prowse, Victoria L. - Institute for the Study of Labor (IZA) - 2011
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment, retirement and consumption decisions of forward-looking...
Persistent link: https://www.econbiz.de/10009216747
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Capital income taxation and the mirrlees review
Apps, Patricia; Rees, Ray - 2012
The Mirrlees Review of the UK tax system, together with its companion volume of research papers, can be expected to influence future discussions of tax reform. Indeed, this can already be recognised in the Henry Review. As far as income taxation is concerned, the most substantive recommendation...
Persistent link: https://www.econbiz.de/10010287613
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Evidence on Job Search Models from a Survey of Unemployed Workers in Germany
Della Vigna, Stefano; Heining, Jörg; Schmieder, Johannes F. - 2020
The job finding rate of Unemployment Insurance (UI) recipients declines in the initial months of unemployment and then … effort. The panel structure allows us to observe how search effort evolves within individual over the unemployment spell. We …
Persistent link: https://www.econbiz.de/10012207870
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Potential Unemployment Insurance Duration and Labor Supply: The Individual and Market-Level Response to a Benefit Cut
Johnston, Andrew C.; Mas, Alexandre - 2020
We examine how a 16-week cut in potential unemployment insurance (UI) duration in Missouri affected search behavior of … estimates to simulate the unemployment rate assuming no market-level externalities. The simulated response, which implies almost … a one percentage point decline in the unemployment rate, closely approximates the estimated change in the unemployment …
Persistent link: https://www.econbiz.de/10012270009
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The Effect of Unemployment Benefits on the Duration of Unemployment Insurance Receipt: New Evidence from a Regression Kink Design in Missouri, 2003-2013
Card, David; Johnston, Andrew C.; Leung, Pauline; Mas, … - 2020
We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment …
Persistent link: https://www.econbiz.de/10012270019
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Self-employment dynamics, state dependence and cross-mobility patterns
Caliendo, Marco; Uhlendorff, Arne - 2008
This paper analyzes the mobility between self-employment, wage employment and non-employment. Using data for men in West Germany, we find strong true state dependence in all three states. Moreover, compared to wage employment, non-employment increases the probability of self-employment...
Persistent link: https://www.econbiz.de/10010269134