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We utilise repeated cross sections of micro data from several countries, available from the Luxembourg Income Study, LIS, to estimate labour supply elasticities, both at the intensive and extensive margin. The benefit of the data is that it spans over four decades and includes a large number of...
Persistent link: https://www.econbiz.de/10009687816
The paper uses a veil of ignorance approach and income distribution data of developed countries to arrive at inequality corrected income rankings. While a risk neutral individual (based on year 2000 data) would have preferred to be born into the US rather than any European country in our sample...
Persistent link: https://www.econbiz.de/10009411583
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The standard assumption in growth accounting is that an hour worked by a worker of given type delivers a constant quantity of labor services over time. This assumption may be violated due to vintage effects, which were shown to be important in the United States since the early 1980s, leading to...
Persistent link: https://www.econbiz.de/10011687341
This research investigates how the poverty risk of young people changes according to their living arrangements by region, using data from the Luxembourg Income Study (LIS). Previous studies have found that the high percentage of East Asian youth living with their parents leads to low youth...
Persistent link: https://www.econbiz.de/10013338042