Showing 1 - 10 of 23
In 1996 Austria introduced a tax for the layoff of older workers, which was tightened in 2000. The regulation requires employers to pay a tax of up to 170 percent of the gross monthly income when they give notice to employees aged 50 or more. We use data from Austrian social security records to...
Persistent link: https://www.econbiz.de/10010294877
objective is to identify policy tools that help generate sustained increases in employment in the long run. Therefore, we focus …
Persistent link: https://www.econbiz.de/10010273947
We investigate the use of various job search strategies and their impact on the probability of subsequent employment … and the re-employment wage among working age men in Britain. We find that replying to advertisements and using Job Centres … particular, result in a higher probability of subsequent employment. Conditional on finding work, replying to advertisements …
Persistent link: https://www.econbiz.de/10010294537
This paper combines matching frictions with e¢ ciency wages to deter shirking in a model that is estimated for the USA and the UK to derive the underlying structural parameters. Methods robust to weak instruments are used to show that, for both countries, both matching frictions and efficiency...
Persistent link: https://www.econbiz.de/10010318955
lone parents, and the sick and disabled. Accompanying these have been changes to direct taxes, tax credits and welfare … incentives of (potential) second earners in families with children, many more workers now face combined marginal tax and tax … child poverty has led the Government to increase substantially income available to non-working families with children. We …
Persistent link: https://www.econbiz.de/10010273973
The United Kingdom employed the McKenna rule to conduct fiscal policy during World War I (WWI) and the interwar period. Named for Reginald McKenna, Chancellor of the Exchequer (1915–16), the McKenna rule committed the United Kingdom to a path of debt retirement, which we show was...
Persistent link: https://www.econbiz.de/10010292227
We use information from the tax returns of U.S. multinational corporations to address three questions related to tax competition. First, does tax competition or company tax planning behavior better explain recent decreases in the local effective tax rates faced by U.S. multinationals investing...
Persistent link: https://www.econbiz.de/10010263226
on as a major means of raising employment and participation in the long run. …
Persistent link: https://www.econbiz.de/10010273954
In this paper, I first summarize how the US Earned Income Tax Credit (EITC) operates and describe the characteristics of recipients. I then discuss empirical work on the effects of the EITC on poverty and income distribution, and its effects on labor supply. Next, I discuss a few policy concerns...
Persistent link: https://www.econbiz.de/10010273965
I analyze how lack of commitment affects the maturity structure of sovereign debt. Governments balance benefits of default induced redistribution and costs due to income losses in the wake of a default. Their choice of short- versus long- term debt affects default and rollover decisions by...
Persistent link: https://www.econbiz.de/10011430074