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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
unearned wages (as women drop out of the labor market), loss of human capital, and selection into more child …
Persistent link: https://www.econbiz.de/10010282438
The paper uses a quasi-experimental situation to analyze the effects of career interruptions on future labor market outcomes. Data are generated by a Swedish program that granted career breaks to applicants until funds where exhausted. Comparing approved and declined (due to lack of funds)...
Persistent link: https://www.econbiz.de/10010317907
In this paper we reassess the evidence on labor income risk. There are two leading views on the nature of the income … process in the current literature. The .first view, which we call the .Restricted Income Profiles.(RIP) process, holds that … individuals are subject to large and very persistent shocks, while facing similar life-cycle income profiles. The alternative view …
Persistent link: https://www.econbiz.de/10010293069
We discuss recent developments in the literature that studies how the dynamics of earnings and wages affect consumption … choices over the life cycle. We start by analyzing the theoretical impact of income changes on consumption - highlighting the … contributions, distinguishing between papers that use only income data and those that use both income and consumption data. The …
Persistent link: https://www.econbiz.de/10010275767
. Our first main result is that the more the heir inherits, the lower her labor income becomes. This labor supply effect … transfer. Our second main result is that the more the heir inherits, the higher her capital income becomes. This savings effect …
Persistent link: https://www.econbiz.de/10010320267
. Our first main result is that the more the heir inherits, the lower her labor income becomes. This labor supply effect … transfer. Our second main result is that the more the heir inherits, the higher her capital income becomes. This savings effect …
Persistent link: https://www.econbiz.de/10010321389
The paper investigates how employees use secondary employment to smooth out consumption shortfalls from non-anticipated wage shocks in their main employment. The identification strategy exploits surprising changes in firms' wage payment and repayment behavior in Ukraine. Based on unique...
Persistent link: https://www.econbiz.de/10010278422
Persistent link: https://www.econbiz.de/10011475521
In order to learn more about the wage elasticity of the teacher supply in Switzerland, this paper estimates wages for …-1999. The data allows us to estimate the wage elasticity for entry wages of upper secondary school teachers. In the cases …
Persistent link: https://www.econbiz.de/10010261950