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Estimates of labour supply effects of recent UK reforms in the area of direct taxes and benefits show that policy can have significant influence on the level of employment. We confirm this in a simulation of in-work support system introduced into the German tax and benefit system. Our simulation...
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We provide a detailed comparison of financial incentives to work resulting from the tax and benefit systems in three countries: the United Kingdom, Germany and Poland. Financial incentives to work are compared using a range of example family profiles under different assumptions concerning...
Persistent link: https://www.econbiz.de/10014217482
Estimates of the labour supply effects of recent UK reforms in the area of direct taxes and benefits show that policy can have a significant influence on the level of employment. We confirm this in a simulation of an in-work support system introduced into the German tax and benefit system. Our...
Persistent link: https://www.econbiz.de/10013109985
How individual wages change with time, and how they are expected to change as individuals grow older, is one of crucial determinants of their behaviour on the labour market including their decision to retire. The profile of individual hourly wages has for a long time been assumed to follow an...
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