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Koellinger, Philipp; Minniti, Maria; Schade, Christian - 2008

Across countries, women own significantly fewer businesses than do men. We show that this is due, in large part, to the fact that the propensity to start businesses of women is significantly lower than that of men. The lower propensity of women, in turn, appears to be highly correlated to...

Persistent link: https://www.econbiz.de/10010325853

Survey Non-response and Unemployment Duration

van den Berg, Gerard J.; Lindeboom, Maarten; Dolton, … - 2004

Social surveys are often used to estimate unemployment duration distributions. Survey non-response may then cause a bias. We study this by using a data set that combines survey information of individual workers with administrative records of the same workers. The latter provide information on...

Persistent link: https://www.econbiz.de/10010325350

Human Capital Formation, Income Inequality and Growth

Viaene, Jean-Marie; Zilcha, Itzhak - 2001

date along theequilibrium path. Second, we study the impact of such technogical progress on growth and relate these results … theparameters of the model. Simulation results include exact Gini coefficients and tax rate on labor determinedendogenously through …

Persistent link: https://www.econbiz.de/10010324875

Initial Capital Constraints hinder Entrepreneurial Venture Performance

van Praag, Mirjam; de Wit, Gerrit; Bosma, Niels - 2003

This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...

Persistent link: https://www.econbiz.de/10010325072

Human Capital and Optimal Positive Taxation of Capital Income

Jacobs, Bas; Bovenberg, A. Lans - 2005

This paper analyzes optimal linear taxes on capital and labor incomes in a life-cyclemodel of human capital investment …, financial savings, and labor supply with heteroge-nous individuals. A dual income tax with a positive marginal tax rate on not … the labor tax on human capital accumulation.The optimal marginal tax rate on capital income is lower than that on labor …

Persistent link: https://www.econbiz.de/10010325417

Redistribution and Education Subsidies are Siamese Twins

Bovenberg, A. Lans; Jacobs, Bas - 2005

We develop models of optimal linear and non-linear income taxation with endogenous human capital formation to explore optimal education subsidies. Optimal subsidies on education ensure efficiency in human capital accumulation and thus play an important role in alleviating the tax distortions on...

Persistent link: https://www.econbiz.de/10010325566

Entrepreneurial Moral Hazard in Income Insurance

Ejrnaes, Mette; Hochguertel, Stefan - 2008

We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the context of an unemployment insurance scheme for self-employed, wherewe estimate how much of the transition probability to unemployment can be causally attributedto being insured....

Persistent link: https://www.econbiz.de/10010325911

The Consequences of Implementing a Child Care Voucher: Evidence from Australia, The Netherlands and USA

Warner, Mildred E.; Gradus, Raymond - 2009

In the Netherlands, the USA and Australia public funding has promoted parental choice by introducing a voucher for child care, where parents are free to choose the provider. The policy experiments in these three countries and the outcomes provide useful information about the consequences of...

Persistent link: https://www.econbiz.de/10010326014

The Importance of Financial Incentives on Retirement Choices

Belloni, Michele; Alessie, Rob - 2008

This study exploits a new dataset in order to quantify the effect of financial incentives on retirement choices. This dataset contains for the first time in Italy information on seniority. In accordance with the general finding in Gruber and Wise (2004), we find that financial incentives have an...

Persistent link: https://www.econbiz.de/10010326024

The Labor Market in the Great Recession: An Update

Elsby, Michael W.L.; Hobijn, Bart; Sahin, Aysegul; … - 2011

percentage point from its peak. We find that the lackluster labor market recovery can be traced in large part to weakness in … aggregate demand; only a small part seems attributable to increases in labor market frictions. This continued labor market … that the U.S. labor market is unlikely to be subject to high levels of structural long-term unemployment after aggregate …

Persistent link: https://www.econbiz.de/10010326190