Showing 1 - 10 of 12
demand shocks lower wages, employment and increase unemployment under equilibrium conditions. Furthermore, the results show … effects, transitions from work to unemployment or inactivity (or vice versa) are considered exogenously in this literature … market although the return to pre-shock employment level depends on a number of factors related to the subsidy (such as …
Persistent link: https://www.econbiz.de/10012593843
The COVID-19 pandemic has inflicted an economic hardship unprecedented for the modern age. In this paper, we show that the health crisis and ensuing Great Lockdown, came with an unseen level of economic uncertainty. First, using a European dataset on country-level and regional internet searches,...
Persistent link: https://www.econbiz.de/10012291212
Financial incentives affect the labour supply decisions of households, but typically the impact of such incentives varies significantly across household types. While there is a substantial literature on the labour supply effects of tax reforms and in-work benefits, the impact of changes in...
Persistent link: https://www.econbiz.de/10012241681
This paper analyses the impact of the implementation of a child tax credit in Austria in 2019, not only on micro, but … the labour supply elasticities. We show that the child tax credit reform in Austria reduces inequality, lowers the poverty …-run), our model suggests a positive impact on employment. Additionally, we find that parts of the tax decrease can be …
Persistent link: https://www.econbiz.de/10012154574
The aim of this study is to analyze redistribution within the Austrian tax-benefit system. In this work we take a comprehensive view and include not only direct taxation and cash benefits, but also indirect taxes and in-kind transfers. We look at two kinds of redistribution: between the...
Persistent link: https://www.econbiz.de/10012216783
This paper analyzes the impact of the COVID-19 crisis on household income in Austria, using detailed administrative … modeled. We find that discretionary fiscal policy measures in Austria are key to counteracting the inequality- and poverty …
Persistent link: https://www.econbiz.de/10012593790
inheritances in Austria. Voluntary household surveys capture past inheritances, but there is a lack of current values as well as …
Persistent link: https://www.econbiz.de/10015071603
model, to simulate transitions from employment to unemployment for the entire workforce and to compare household financial … of unemployment, comparing them to standard employees. Our approach relies on EUROMOD, the EU tax-benefit microsimulation … circumstances before and after the transition. Our results show that coverage rates of unemployment insurance are low among atypical …
Persistent link: https://www.econbiz.de/10011982149
scenario of an ageing population, an inverted U-shaped unemployment trend and potentially polarising labour markets, the latter …
Persistent link: https://www.econbiz.de/10013168190
and accounts for involuntary unemployment. The model estimates individual changes in supplied hours of work and …
Persistent link: https://www.econbiz.de/10012705241