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We estimate Frisch labour supply functions for married women using information on desired hours, under the assumptions that these are based on a smooth convex approximation of the budget constraint. The minimum distance approach used allows for correlated random effects both in the wage and in...
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We quantify the importance of precautionary labor supply using data from the German Socio- Economic Panel (SOEP) for 2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married men choose about 2.5% of their hours of work or one week...
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demonstrate that these tax rates are declining over the life cycle. Using German micro-data for men and married women we estimate … periodic wage elasticities of labour supply in order to check the second-best properties of this timing of tax rates. An …-shaped tax profile for male workers. This result contradicts the standard proposal to smooth the profile of implicit tax rates …
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