Showing 1 - 10 of 1,056
We apply recently proposed individual welfare measures in the context of preference heterogeneity, derived from structural labour supply models. Contrary to the standard practice of using reference preferences and wages, these measures preserve preference heterogeneity in the normative step of...
Persistent link: https://www.econbiz.de/10010341149
The paper studies the design of couples income taxation when consumption and labor supply decisions within the couple …
Persistent link: https://www.econbiz.de/10010489850
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
We specify and estimate a dynamic structural life-cycle model of labor supply, retirement and savings decisions of single-adult and couple households. Drawing on our model, we study the interplay between family labor supply and public insurance mechanisms. By including family labor supply, we...
Persistent link: https://www.econbiz.de/10010491105
In August 2013, two child care reforms have come into effect at the same time: First, a legal claim to formal child care has been introduced for all children aged one year or older. Second, a new benefit called Betreuungsgeld has been introduced that is granted to families who do not use public...
Persistent link: https://www.econbiz.de/10010486037
Motivated by the observation that access to evasion opportunities is distributed heterogeneously across the labor market, this paper examines the extent to which labor supply elasticities with respect to tax rates depend on such evasion opportunities. We first discuss the channels through which...
Persistent link: https://www.econbiz.de/10010337205
This paper explores the implications of gender-based income taxation in a non-cooperative model of a couple's time … allocation between market work and providing a household public good. We find that the optimal structure of differential taxation … sharp contrast to previous models of gender-based taxation in which households select Pareto efficient allocations …
Persistent link: https://www.econbiz.de/10010340609
improves efficiency. However, the same ruling harms cooperative couples and may also reduce welfare in an endogenous taxation …
Persistent link: https://www.econbiz.de/10010483880
We use survey evidence on reported spending in hypothetical energy price shock scenarios to study novel features of the price elasticity of energy demand and the marginal propensity to consume (MPC) after paying the energy bill. We document several nonlinearities depending on the sign and...
Persistent link: https://www.econbiz.de/10013443716
Economic models of climate policy (or policies to combat other environmental problems) typically neglect psychological adaptation to changing life circumstances. People may adapt or become more sensitive, to different degrees, to a deteriorated environment. The present paper addresses these...
Persistent link: https://www.econbiz.de/10010481359