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Self-employment and labor market risks
Audoly, Richard - 2024
I study the labor market risks associated with being self-employed. I document that the self-employed are subject to larger earnings fluctuations than employees and that they frequently transition into unemployment. Given the self-employed are not eligible to unemployment insurance, I analyze...
Persistent link: https://www.econbiz.de/10014581780
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Synchronous Leisure, Jointness and Household Labor Supply
Hallberg, Daniel - 2002
This paper examines the synchronous leisure of spouses and the extent to which spouses spend time together. The time budget data set used in this paper allows for a distinction between simultaneous time-use of spouses and the actual time that spouses meet. A comparison between couples and...
Persistent link: https://www.econbiz.de/10010321735
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Economic integration and labor market institutions : worker mobility, earnings risk, and contract structure
Schöb, Ronnie; Wildasin, David E. - 2003
This paper investigates the effects of labor market integration, in the form of worker mobility, in a model with long-term labor contracts that lead to wage rigidities and unemployment. Reflecting the interdependence of regional labor markets, we develop a general-equilibrium framework where the...
Persistent link: https://www.econbiz.de/10010276568
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Marriage and consumption insurance: what's love got to do with it?
Hess, Gregory D. - 2002
idiosyncratic labor income risk. Ceteris paribus, an individual would prefer to marry a hedge (i.e. a spouse whose income is … love is very persistent, for example, and the resolution of uncertainty to agents' income is early, then those who in fact … resolution of uncertainty to agents' income is predominantly later, then those who in fact marry hedges will in fact be less …
Persistent link: https://www.econbiz.de/10010271975
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Risky earnings, taxation and entrepreneurial choice: a microeconometric model for Germany
Fossen, Frank M. - 2007
earnings deter risk-averse individuals. In this paper I analyse the expected value and variance of income in self …Which role do individual income prospects play in the decision to be an entrepreneur rather than an employee? In a …-employment entry and exit under risk are estimated, which include a standard risk aversion parameter. The model predicts that the …
Persistent link: https://www.econbiz.de/10010273789
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Happiness, habits and high rank: Comparisons in economic and social life
Clark, Andrew E. - 2011
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10010280689
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The Spot Market Matters : Evidence on Implicit Contracts from Britain
Devereux, Paul J.; Hart, Robert A. - 2005
Based on the methodology of Beaudry and DiNardo (1991), this paper investigates the relative importance of the spot market and implicit contracts in the determination of British real wages. Empirical work is carried out separately for males and females with individuallevel data taken from the...
Persistent link: https://www.econbiz.de/10010262212
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Do the selfish mimic cooperators? Experimental evidence from finitely-repeated labor markets
Roe, Brian E.; Wu, Steven Y. - 2009
a finitely-repeated labor market with unenforceable worker effort. Theory predicts, and our data confirms, that (1 …
Persistent link: https://www.econbiz.de/10010269268
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Implicit contracts, unemployment, and labor market segmentation
Altmann, Steffen; Falk, Armin; Huffman, David - 2010
We analyze the impact of imperfect contract enforcement on the emergence of unemployment. In an experimental labor market where trading parties can form long-term employment relationships, we compare a work environment where effort is observable, but not verifiable to a situation where explicit...
Persistent link: https://www.econbiz.de/10010269827
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On the origin of the family
Francesconi, Marco; Ghiglino, Christian; Perry, Motty - 2009
This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...
Persistent link: https://www.econbiz.de/10010269437