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This paper documents the key stylised facts underlying the evolution of labour supply at the extensive and intensive margins in the last forty years in three countries: United-States, United-Kingdom and France. We develop a statistical decomposition that provides bounds on changes at the...
Persistent link: https://www.econbiz.de/10009516922
This chapter surveys existing approaches to modeling labor supply and identifies important gaps in the literature that could be addressed in future research. The discussion begins with a look at recent policy reforms and labor market facts that motivate the study of labor supply. The analysis...
Persistent link: https://www.econbiz.de/10011538104
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The optimal design of low income support is examined using a structural labour supply model. The approach incorporates unobserved heterogeneity, fixed costs of work, childcare costs and the detailed non-convexities of the tax and transfer system. The analysis considers purely Pareto improving...
Persistent link: https://www.econbiz.de/10009307333
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A model of labour supply is developed in which individuals face restrictions on hours choices. Observed hours reflect both the distribution of preferences and the distribution of offers. In this framework the choice set is limited and observed hours may not appear to satisfy the revealed...
Persistent link: https://www.econbiz.de/10010254710
A model of labour supply is developed in which individuals face restrictions on hours choices. Observed hours reflect both the distribution of preferences and the distribution of offers. In this framework the choice set is limited and observed hours may not satisfy the revealed preference...
Persistent link: https://www.econbiz.de/10010467771
Persistent link: https://www.econbiz.de/10003630983
We consider the life cycle choices of a household deciding how much to consume and how to allocate spouses time to work, leisure, and childcare. In an environment with uncertainty, the allocation of goods and time over the life cycle also serves the purpose of smoothing marginal utility in...
Persistent link: https://www.econbiz.de/10011895646
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