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Although discrete hours choice models have become the workhorse in labor supply analyses. Yet, they are often criticized for being a black box due to their numerous underlying modeling assumptions, with respect to, e.g., the functional form, unobserved error components or several exogeneity...
Persistent link: https://www.econbiz.de/10010340999
to get still more flexibility by relaxing some of the usual constraints imposed on household preferences and rationality … some of the dimensions of household behavior. …
Persistent link: https://www.econbiz.de/10010262185
to model household behavior as a Nash-bargaining game. Since then, very few attempts have been made to operationalize … cooperative models of household labor supply for policy analysis. In this paper, we implement a Nash-bargaining model with … the likely role of taxation on intra-household negotiation. …
Persistent link: https://www.econbiz.de/10010262203
whether the degree of flexibility and the implicit household representation in these models are satisfying when confronted to … predicted labor supply responses to tax-benefit reforms is sensitive to the underlying household representation. …
Persistent link: https://www.econbiz.de/10010272362
whether the degree of flexibility and the implicit household representation in these models are satisfying when confronted to … predicted labor supply responses to tax-benefit reforms is sensitive to the underlying household representation …. -- multionominal logit ; household labor supply ; tax reform ; unitary model ; collective model …
Persistent link: https://www.econbiz.de/10003616594
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in micro and macro estimates are recently attributed to frictions and adjustment costs, we show that relatively low labor supply elasticities derived from microeconometric models can also be...
Persistent link: https://www.econbiz.de/10013051121
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in micro and macro estimates are recently attributed to frictions and adjustment costs, we show that relatively low labor supply elasticities derived from microeconometric models can also be...
Persistent link: https://www.econbiz.de/10013051442
desirable to get still more flexibility by relaxing some of the usual constraints imposed on household preferences and … some of the dimensions of household behavior …
Persistent link: https://www.econbiz.de/10013318784
The simulations of tax-benefit reforms with labour supply models often implicitly assume perfectly elastic labour demand, an assumption that may lead to unrealistic results. In this study we attempt to address this limitation and show how the interaction between labour supply and labour demand...
Persistent link: https://www.econbiz.de/10013118461
Norwegian household data for 1994. For any given tax rule, the estimated model can be used to simulate the choices made by …
Persistent link: https://www.econbiz.de/10012778995