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This paper extends behavioural microsimulation modelling so that third round effects of a policy change can be simulated. The first round effects relate to fixed hours of work, while second round effects allow for changes in desired hours of work at unchanged wages. These allow for endogenous...
Persistent link: https://www.econbiz.de/10010292989
This paper uses the first twelve waves of the British Household Panel Survey covering the period 1991-2002 to investigate single women's labour supply changes in response to three tax and benefit policy reforms that occurred in the 1990s. We find evidence of small labour supply effects for two...
Persistent link: https://www.econbiz.de/10010293093
rascher sinkt. Zudem wird sich die Arbeitszeit je Beschäftigten wahrscheinlich weiter verringern, denn der voraussichtlichen …
Persistent link: https://www.econbiz.de/10010295022
The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we follow the real options approach, which allows us to investigate the...
Persistent link: https://www.econbiz.de/10010295518
Bei einer repräsentativen Befragung im Rahmen des IAB-Betriebspanels 2005 gaben 13 Prozent der Betriebe mit Tarifbindung an, dass für sie Öffnungsklauseln im Tarifvertrag bestehen (viele weitere wussten darüber nicht Bescheid). Rund die Hälfte dieser Betriebe hatte davon Gebrauch gemacht....
Persistent link: https://www.econbiz.de/10010297214
We present a model that integrates the discrete working time choice of heterogenous households into a general equilibrium setting where wages are determined by sectoral bargaining between firms and trade unions. The model is calibrated to German micro and macro data. We then use it to analyse...
Persistent link: https://www.econbiz.de/10010297346
We compare two options of integrating discrete working time choice of heterogenous households into a general equilibrium model. The first, known from the literature, produces household heterogeneity through a working time preference parameter. We contrast this with a model that directly...
Persistent link: https://www.econbiz.de/10010297474
Hours worked is a time series of interest in many empirical investigations of the macroeconomy. Estimates of macro elasticities of labour supply, for example, build on this variable. Other empirical applications investigate the response of hours worked to a shock to technology on the basis of...
Persistent link: https://www.econbiz.de/10010297530
The labor supply of West German married and cohabiting couples is analyzed using a discrete choice model. Following van Soest (1995), the labor supply decision is based on a household utility function which is determined by the leisure of the two spouses and net household income. Furthermore,...
Persistent link: https://www.econbiz.de/10010297602
In this paper the impact of working hours on the gross hourly wage rate of West German women is analyzed. We use a simultaneous wage-hours model which takes into account the participation decision. First, our estimates show that the hourly wage rate is strongly affected by the working hours. In...
Persistent link: https://www.econbiz.de/10010297664