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each. Using administrative data from Austria, we find that the correlation between worker and firm types lies between 0 …
Persistent link: https://www.econbiz.de/10012941978
wages in Austria from 1980 to 2006 we show that wage-setting is strongly influenced by reference norms, that the wages of …In this paper we present an extension of the Taylor model with staggered wages in which wage-setting is also influenced … by reference norms (i.e. by benchmark wages). We show that reference norms can considerably increase the persistence of …
Persistent link: https://www.econbiz.de/10012763968
This paper contributes to recent literature emphasizing the importance to identify the different channels along which taxable income responses occur. Using bunching techniques and exploiting a large first kink point where marginal tax rates increase by as much as 38 percentage points, we recover...
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each. Using administrative data from Austria, we find that the correlation between worker and firm types lies between 0 …
Persistent link: https://www.econbiz.de/10012453639
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