Showing 1 - 10 of 132
and Dutch workers have relatively low working hours. Disability is high, particularly among young individuals. We discuss …
Persistent link: https://www.econbiz.de/10010273960
When deciding on the social desirability of public investment, the cost of a project is sometimes adjusted by a factor known as the Marginal Cost of Public Funds (MCP F ), which captures the cost of raising public funds through distortionary taxation. However, there is no scholarly consensus on...
Persistent link: https://www.econbiz.de/10014540891
reduced by roughly 25 percent or taxes will need to be increased by about 33 percent, or some combination to avoid benefit …
Persistent link: https://www.econbiz.de/10014581826
Revisiting Parsons' 1996 article about disability insurance with imperfect tagging in a two type-economy -- individuals …. Finally Parsons' model is extended to three types: able, partially disabled and disabled - adapting the model to disability … insurances allowing for more than two degrees of disability. The results are consistent with Parsons', but a complete ranking of …
Persistent link: https://www.econbiz.de/10013208508
The focus of the present paper is on the intragenerational effects of nonlinear income taxation in a multiperiod framework. We investigate whether it is possible to achieve redistribution at smaller efficiency costs by enlarging the message space adopted in standard tax system (which only...
Persistent link: https://www.econbiz.de/10010321640
through disability. In general, the low generosity of out-of-work benefits means that positive incentives to work exist for … almost all benefit recipients, but weak work incentives exist for those receive Housing Benefit, and for primary earners in … the benefit system, and recent reforms to the out-of-work benefits have involved toughening and extending job …
Persistent link: https://www.econbiz.de/10010273971
, individuals whose health is risky and heterogeneous choose to either work, or not work and apply for social security disability …
Persistent link: https://www.econbiz.de/10012653489
This paper exploits a natural policy experiment to directly identify the crowding out effects of public transfers on the incidence and level of private transfers. The introduction of a large social security program in Taiwan is used to estimate the effect of an exogenous increase in government...
Persistent link: https://www.econbiz.de/10010292228
We consider a life-cycle model with idiosyncratic risk in labor earnings, out-of-pocket medical and nursing home expenses, and survival. Partial insurance is available through welfare, Medicaid, and social security. Calibrating the model to the United States, we find that 12 percent of aggregate...
Persistent link: https://www.econbiz.de/10010292233
We study the effect of the size of the welfare state on family outcomes in OECD member countries. Exploiting exogenous variation in public social spending, due to varying degrees of political fractionalization (i.e. the number of relevant parties involved in the legislative process), we show...
Persistent link: https://www.econbiz.de/10010294893