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Despite numerous studies on labor supply, the size of elasticities is rarely comparable across countries. In this paper, we suggest the first large-scale international comparison of elasticities, while netting out possible differences due to methods, data selection and the period of...
Persistent link: https://www.econbiz.de/10009731759
-benefit systems ; microsimulation ; household labour supply ; multinomial logit ; involuntary unemployment ; double-hurdle …
Persistent link: https://www.econbiz.de/10003373746
mothers) is valued more than a rise in the employment per se. -- tax-benefit systems ; in-work benefits ; microsimulation …
Persistent link: https://www.econbiz.de/10003297700
Discrete choice models of labor supply easily account for nonlinearty and nonconvexity in budget sets caused by tax-benefit systems. As a result, they have become very popular for ex ante evaluations of policy reforms. In this paper, we question whether the degree of flexibility and the implicit...
Persistent link: https://www.econbiz.de/10003616594
To promote the labor participation of parents with young children, governments employ a number of fiscal instruments. Prominent examples are childcare subsidies and in-work benefits. However, which policy works best for employment is largely unknown. We study the effectiveness of different...
Persistent link: https://www.econbiz.de/10011317654
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in estimates especially between micro and macro models are recently attributed to frictions and adjustment costs, we show that the variation in elasticities derived from structural labor...
Persistent link: https://www.econbiz.de/10011813227
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in estimates especially between micro and macro models are recently attributed to frictions and adjustment costs, we show that the variation in elasticities derived from structural labor...
Persistent link: https://www.econbiz.de/10011820320
We combine the strengths of structural models and natural experiments in the analysis of tax-benefit reforms in the Netherlands. First we estimate structural discrete-choice models for labour supply. Next we simulate key past reforms and compare the predictions of the structural model with the...
Persistent link: https://www.econbiz.de/10012157451
. Using the German Socio-Economic Panel and the microsimulation model STSM, we find that hours and participation elasticities …
Persistent link: https://www.econbiz.de/10012023548
. Using the German Socio-Economic Panel and the microsimulation model STSM, we find that hours and participation elasticities …
Persistent link: https://www.econbiz.de/10012023402