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of working life, the expected FLRR and static RR differ by at least 5 percentage points for more than two thirds of women …, and by over 10 percentage points for over a third of women. These results are driven by returns to experience. In contrast … reduce the return to work, with the expected FLPTR and static PTR differing little for most women in our data. This mainly …
Persistent link: https://www.econbiz.de/10011923698
Policy-makers have increasingly turned to ‘in-work transfers’ to boost incomes among poorer workers and strengthen work incentives. One attraction of these is that labour supply elasticities are typically greatest at the extensive margin. Because in-work transfers are normally subject to...
Persistent link: https://www.econbiz.de/10014371999
Education Maintenance Allowance (EMA) was a UK government cash transfer paid directly to children aged 16-18, in the first two years of post-compulsory full-time education. This paper uses the labour supply effect of EMA to infer the magnitude of the transfer response made by the parent, and so...
Persistent link: https://www.econbiz.de/10010477535
While the effect of social security systems on retirement decisions has received much attention, the impact of these systems on individuals incentives to invest in their human capital has not been analyzed. We integrate human capital investment and retirement decisions in a simple analytical...
Persistent link: https://www.econbiz.de/10011398074
This paper models child employment and parental pocket money decisions as a non-cooperative game. Assuming that the child human capital is a household public good and that the relationship between child human capital and employment is concave, we compare the welfare obtained under different...
Persistent link: https://www.econbiz.de/10011502548
This paper models child employment and parental pocket money decisions as a non- cooperative game. Assuming that the child human capital is a household public good and that the relationship between child human capital and employment is concave, we compare the welfare obtained under different...
Persistent link: https://www.econbiz.de/10011515769
In 30% of young American couples the wife is more educated than the husband. Those women are characterized by a …
Persistent link: https://www.econbiz.de/10011476887
We document empirical life cycle profiles of wages, earnings, and hours of work for pay from the Panel Study of Income Dynamics, following the same workers for up to four decades. For six of the eight cohorts we analyze the wage profile does not decline with age (not before 65, at least), while...
Persistent link: https://www.econbiz.de/10011730125
Persistent link: https://www.econbiz.de/10011792706
Are people prone to selecting occupations with highly skewed income distributions despite minuscule chances of success? Assembling a comprehensive pool of potential teenage entrants into professional tennis (a typical winner-take-all market), we construct objective measures of relative ability...
Persistent link: https://www.econbiz.de/10011955395