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We quantify the importance of precautionary labor supply using data from the German Socio- Economic Panel (SOEP) for 2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married men choose about 2.5% of their hours of work or one week...
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effects of income tax and transfers on labor supply incentives. Additionally, the model recognizes the demand side driven … place in Germany, towards a more Anglo-American system in which a large proportion of transfers are paid to the working poor …
Persistent link: https://www.econbiz.de/10003726084
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effects of income tax and transfers on labor supply incentives. Additionally, the model recognizes the demand side driven … place in Germany, towards a more Anglo-American system in which a large proportion of transfers are paid to the working poor …
Persistent link: https://www.econbiz.de/10014218127
effect of income tax and transfers on labor supply incentives. Additionally, the model recognizes the demand side driven … place in Germany, towards a more Anglo-American system in which a large proportion of transfers are paid to the working poor …
Persistent link: https://www.econbiz.de/10013325238