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demand shocks lower wages, employment and increase unemployment under equilibrium conditions. Furthermore, the results show … market although the return to pre-shock employment level depends on a number of factors related to the subsidy (such as …
Persistent link: https://www.econbiz.de/10012593843
In order to estimate labour supply responses among older people we have employed a very simple model of retirement …-68 in 1996. The empirical model is employed to assess the impact on retirement of moving the Norwegian pension system … towards actuarial fairness. Future annual pension benefits are increased if retirement is postponed say, for one year. In one …
Persistent link: https://www.econbiz.de/10003826575
Many microeconometric models of discrete labour supply include alternative-specific constants meant to account for (possibly besides other factors) the density or accessibility of particular types of jobs (e.g. part-time jobs vs. full-time jobs). The most common use of these models is the...
Persistent link: https://www.econbiz.de/10009559073
Differently from most European countries and despite the recommendations on the part of the European Commission, Italy still misses a sufficiently systematic and nationwide mechanism of income support. In this paper we want to explore the feasibility, the desirability and the features of a...
Persistent link: https://www.econbiz.de/10009516906
Persistent link: https://www.econbiz.de/10013269486
In order to estimate labour supply responses among older people we have employed a very simple model of retirement …-68 in 1996. The empirical model is employed to assess the impact on retirement of moving the Norwegian pension system … towards actuarial fairness. Future annual pension benefits are increased if retirement is postponed say, for one year. In one …
Persistent link: https://www.econbiz.de/10010275650
A structural model for retirement and employment based on a flexible, parametric utility function is developed. The … retirement has strong similarities. The utility function estimates from a model with no consumption smoothing, seem more …
Persistent link: https://www.econbiz.de/10010284414
Persistent link: https://www.econbiz.de/10001746456
. GBT induces a modest increase of women's employment, but similar effects can be attained by universal subsidies on low …
Persistent link: https://www.econbiz.de/10011982140
The purpose of the paper is to provide a discussion of the various approaches for accounting for labour supply responses in microsimulation models. The paper focuses attention on two methodologies for modelling labour supply: the discrete choice model and the random utility - random...
Persistent link: https://www.econbiz.de/10011870677