An institutional trap emerges in the gap between actual wage rate in Ukraine and the wage that provides the growth in working-age population. This activates the mechanism of demographic trap.

Mandatory pension systems can have a negative impact on individual savings and labor supply decisions. In particular, defined benefit pension schemes that are not actuarially fair, can create incentives for early retirement, and therefore, reduce labor supply and the stock of human capital....

Using data from the Japanese Panel Survey of Consumers (JPSC)1994-2006, we examine the effect of child birth on fathers’ wage rates and labor supply in Japan. We also compare effects of fatherhood among different cohorts by dividing the JPSC sample into two birth year cohorts (born in or...

The issue of same-sex marriage legalization is increasingly part of the national political dialogue. This legalization would have a number of economic impacts, one of the most direct being a change in income tax payments, through the so-called marriage penalty. I estimate the effects of same-sex...

The effects of social transfers on individual participation and working hours are theoretically shown to differ for unitary and bargaining intrahousehold allocation models. This result is attributed to both the non-transferability of in-kind social transfers and differences in control of these...

Despite long working hours, for many household members, and especially women, underemployment is nevertheless affecting a large share of the population in many developing countries. Using data on time use, wages, and consumption levels from a recent household survey for Guinea, this paper...

Child labor is one of the problems that occur as a result of responses to the economic problems faced by vulnerable children. Keeping in view the theoretical background of existence of child labor across the world, the study analyzes the incidence of child labor from Rawalpindi city of Pakistan....

Abstract: The paper analyzed the contribution of informally employed women (for the age group of 16-60 years) in their household budget. The urban informal sector absorbs the women workers largely. What are the determinants of their contribution in their household budgets to make survival of the...

We evaluate the labor supply response in a stochastic overlapping generations model with incomplete markets and a non separable utility function in labor and consumption. Using a simulated panel from the model, we calculate the labor supply response to anticipated changes in wages (holding the...

I develop an equilibrium matching model in which workers have preferences over consumption and hours of work and are able to self-insure against unemployment risks by accumulating precautionary wealth. Wages and working hours are the outcomes of Nash bargaining between workers and firms. I focus...