We build a life cycle model of labor supply that incorporates changes along both the intensive and extensive margin and use it to assess the consequences of changes in tax and transfer policies on equilibrium hours of work. We find that changes in taxes have large aggregate effects on hours of...

This paper analyzes the effectiveness of social protection systems in Europe and the US to provide (income) insurance against macro level shocks in terms of automatic stabilizers. We find that automatic stabilizers absorb 38% of a proportional income shock and 47% of an idiosyncratic...

Welfare states and welfare attitudes / Stefan Svallfors -- Welfare performance and welfare support / Wim van Oorschot and Bart Meuleman -- Attitudes among high-risk groups / Helena Blomberg, Johanna Kallio, Olli Kangas, Christian Kroll, and Mikko Niemelä -- A normative approach to welfare...