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This chapter reviews options of labour market modelling in a CGE framework. On the labour supply side, two principal modelling options are distinguished and discussed: aggregated, representative households and microsimulation based on individual household data. On the labour demand side, we...
Persistent link: https://www.econbiz.de/10010307850
rationing the supply of the goods. This article compares the efficiency of these institutions. We report the results of a 2x2 … introduce either taxation or rationing. Each treatment is subjected to two conditions: the burden of the deficit is either …-riding. Individualized taxation brings the voluntary contributions closer to the optimum while uniform rationing appears to be the worst …
Persistent link: https://www.econbiz.de/10010268361
The paper deals with causes and consequences of constraints on the adjustment of employment. First, a model of a delayed adjustment of employment and capital is worked out. This model is augmented with linear constraints on the adjustment speed of labour supply and demand. The aggregate model is...
Persistent link: https://www.econbiz.de/10010332061
Most empirical studies on the impact of labour income taxation on the labour supply behaviour of households use a unitary modelling approach. In this paper we empirically analyze income taxation and the choice of working hours by combining the collective approach for household behaviour and the...
Persistent link: https://www.econbiz.de/10010326018
Depending on data source, estimates of hours of work give widely different results both as to level and change. In this paper three alternative measures of hours worked are used to estimate a simple labour supply function to investigate if estimated wage rate and income effects are data...
Persistent link: https://www.econbiz.de/10010261802
This paper tests the predictive value of subjective labour supply data for adjustments in working hours over time. The idea is that if subjective labour supply data help to predict next year?s working hours, such data must contain at least some information on individual labour supply...
Persistent link: https://www.econbiz.de/10010262602
Most empirical studies on the impact of labour income taxation on the labour supply behaviour of households use a unitary modelling approach. In this paper we empirically analyze income taxation and the choice of working hours by combining the collective approach for household behaviour and the...
Persistent link: https://www.econbiz.de/10010269394
is behind. The economic theory behind is a human capital approach in a market and non-market context, extended by non … tägliche Lage der Arbeitszeit und ihrer Fragmentierung - und seiner resultierenden Einkommensverteilung. Mit unserem Fokus auf …, die sich auf aggregierte Voll-und Teilzeitarbeit, wöchentliche Arbeitszeit, Arbeit am Wochenende, Lebensarbeitszeit etc …
Persistent link: https://www.econbiz.de/10010290511
The present study is a theoretical and empirical investigation into the aggregate wage dynamics of Swedish manufacturing. It contains three essential results: •a rigorous search theoretical model of the wage behaviour of firms is presented and adapted for application to aggregate data •the...
Persistent link: https://www.econbiz.de/10010334965
The US has legislated to abolish its social security earnings test. A priori it is not possible to predict the effect this will have on work incentives. Using data from the Family Expenditure Survey we show that the abolition of the earnings rule in the UK increased the number of hours worked by...
Persistent link: https://www.econbiz.de/10010330355