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In this paper we provide an overview of the literature relating labour supply to taxes and welfare benefits with a focus on presenting the empirical consensus. We begin with a basic continuous hours model, where individuals have completely free choice over their hours of work. We then consider...
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(and the advantage experienced by more conscientious types) focussing in particular on unpaid overtime. We make use of the …
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overtime employment. In contrast to Hansen and Sargent (1988), the overtime-decision is a sequential one. This requires two … separate insurance market to operate, one for straight-time work, and one for overtime. In addition, given that the labor … choice for regular and overtime hours is made in succession, the insurance market for overtime needs to open once the …
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to a reallocation of working hours, with more employees shifting from working fulltime to working overtime within the new … overtime hours worked by their employees, rather than within households to compensate for any income effects. Overall, our …
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overtime employment. In contrast to Hansen and Sargent (1988), the overtime-decision is a sequential one. This requires two … separate insurance market to operate, one for straight-time work, and one for overtime. In addi- tion, given that the labor … choice for regular and overtime hours is made in succession, the insurance market for overtime needs to open once the …
Persistent link: https://www.econbiz.de/10011528222
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