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Recent literature on long-term care looks at the substitutability of informal and professional home-based care arrangements. Other factors that influence the utilization of informal care instead of formal care have been ignored in conditional analyses so far. However, regressors that represent...
Persistent link: https://www.econbiz.de/10008934988
In Germany, informal home care is preferred to professional care services in the public discussion as well as in legal care regulations. However, they ascribe only minor importance to the opportunity costs care givers have to face. Therefore, this paper explores the influence home care has on...
Persistent link: https://www.econbiz.de/10003903686
Past empirical studies on the strategic bequest motive have found evidence for the existence of a positive causation of wealth on receiving attention from on's children. This paper illustrates that these results from the past should be interpreted with some care as the relationship between...
Persistent link: https://www.econbiz.de/10003903692
The development of expenditure for care services is one of the most intensively debated topics in public. However, studies calculating financial provision gaps only focus on the macro-level implications for the compulsory care insurance. In contrast, this paper examines the individuals’...
Persistent link: https://www.econbiz.de/10008933289
Persistent link: https://www.econbiz.de/10008757275
This paper investigates the degree of monopsony power of employers in different industries against the background of a statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a dynamic model of monopsonistic competition. The...
Persistent link: https://www.econbiz.de/10011408479
Using a semi-structural approach based on a dynamic monopsony model, we examine to what extent workers performing different job tasks are exposed to different degrees of monopsony power, and whether these differences in monopsony power have changed over the last 30 years. We find that workers...
Persistent link: https://www.econbiz.de/10012405643
robust empirical evidence that population aging depresses real estate prices and rents. Using millions of individual real … have been up to 12% higher, if the population age distribution had been the same as in 2008. We show that population aging … demand for living space and live-cycle dissaving are driving our results. We predict that population aging will continue to …
Persistent link: https://www.econbiz.de/10013415857
Das Arbeitsangebot wird grundsätzlich durch zwei Faktoren bestimmt: Die Partizipation am Arbeitsmarkt (extensives … Arbeitsangebot) und die Anzahl der gearbeiteten Stunden der Beschäftigten (intensives Arbeitsangebot). Auf Basis der … gesamte Arbeitsangebot ist. Die Ergebnisse deuten auf signifikante Unterschiede im Arbeitsangebot zwischen den Ländern hin …
Persistent link: https://www.econbiz.de/10009581047
We estimate the effects on wage and employment growth rates of the introduction and subsequent increases of a substantial minimum wage in the main construction industry of Germany. Using a regional dataset constructed from individual employment histories, we exploit the spatial dimension and...
Persistent link: https://www.econbiz.de/10009722416