We formalize and estimate the dynamic marginal efficiency cost of redistribution (MECR) in the spirit of Okun’s “leaky bucket”. We analyze the MECR of an income-contingent childcare subsidy program and the income tax within the German context, using a dynamic structural...

I address the causes of the gender wage gap with a new dynamic model of wage, hours, and job changes that permits me to decompose the gap into a portion due to gender differences in preferences for hours of work and in constraints. The dynamic model allows the differences in constraints to...

I address the causes of the gender wage gap with a new dynamic model of wage, hours, and job changes that permits me to decompose the gap into a portion due to gender differences in preferences for hours of work and in constraints. The dynamic model allows the differences in constraints to...

I address the causes of the gender wage gap with a new dynamic model of wage, hours, and job changes that permits me to decompose the gap into a portion due to gender differences in preferences for part-time work and in constraints. The dynamic model allows the differences in constraints to...

Die langfristige Arbeitsmarktentwicklung der meisten westeuropäischen Staaten ist durch einen seit den 1970er Jahren andauernden Trend zu wachsenden Arbeitslosenquoten gekennzeichnet. Im Hinblick auf die theoretische Erklärung dauerhaft nicht geräumter Arbeitsmärkte kommt der...