-tax income. To estimate the impact of taxes on university enrollment, we develop and estimate a structural microeconometric model … variance of net income for German high-school graduates, using only information available to those graduates at the time of the …. In addition to income uncertainty, the enrollment model takes into account university dropout and unemployment risks, as …

not adjust working hours and the full response takes place in the phase of the inheritance. Although negative income …

Which role do individual income prospects play in the decision to be an entrepreneur rather than an employee? In a … earnings deter risk-averse individuals. In this paper I analyse the expected value and variance of income in self … German income tax reduction of 2000 induced smaller exit rates out of self-employment for men and smaller entry rates for …

-tax income. To estimate the impact of taxes on university enrollment, we develop and estimate a structural microeconometric model … variance of net income for German high-school graduates, using only information available to those graduates at the time of the …. In addition to income uncertainty, the enrollment model takes into account university dropout and unemployment risks, as …

This paper documents earnings dynamics over the life-cycle and income level using a large administrative database from … normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …, there is no evidence of an added-worker effect but government insurance and income pooling can mitigate the pass-through of …