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In this paper, I estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor market frictions and the German tax and benefit system. I find that informal elderly care has adverse and persistent effects on labor market outcomes and therefore...
Persistent link: https://www.econbiz.de/10012049353
Due to the demographic change and the concomitant ageing of society, the labor force will reduce in Germany in the following decades. Simultaneously, the demand for informal care will increase as a result of the ageing society. Informal care is assumed being the least expensive form of care and...
Persistent link: https://www.econbiz.de/10011471317
labor force eight years after the start of the episode. Short-run effects on hourly wages are zero but we find considerable …
Persistent link: https://www.econbiz.de/10011550613
Of the many labour market Hartz IV reforms that have been implemented in Germany since 2005, the role of short-term unemployment insurance has not received much attention. In this paper we examine distributional effects of labour earnings and unemployment benefits using simulated increases in...
Persistent link: https://www.econbiz.de/10010265773
Informal caregivers provide valuable services to elderly persons with long-term care needs. However, the time commitment of caregiving often competes against time spent in the labour force. In addition to the momentary trade-off, long-term consequences are possible since especially older workers...
Persistent link: https://www.econbiz.de/10011716246
Informal caregivers provide valuable services to elderly persons with long-term care needs, but the consequences of caregiving on caregivers are not yet fully understood. This paper illustrates the interrelation between caregiving and caregivers' labour force participation, cognitive ability,...
Persistent link: https://www.econbiz.de/10010420992