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We present a structural empirical model of collective household labour supply. Following recent developments in the literature on collective household labour supply our model allows for the nonparticipation decision, along with the choice of working hours. We use the theoretical framework for...
Persistent link: https://www.econbiz.de/10005209805
In this paper we present an empirical structural job search model with endogenously determined search intensity. The model describes both the behaviour of unemployed job searchers and on-the-job search. We use data on various indicators (or search channels) for the intensity of search, like the...
Persistent link: https://www.econbiz.de/10005150513
This paper investigates the consumption and savings behaviour of individuals that have experienced a job loss. Building on the scant literature on the issue, we test for the impact of unemployment benefits on consumption levels of the unemployed. We also expand on previous work in this area by...
Persistent link: https://www.econbiz.de/10005150586
We consider a utility consistent static labor supply model with flexible preferences, a non-linear and possibly non-convex budget set, and a wage equation. Three stochastic error terms are introduced to represent respectively optimization and reporting errors, stochastic preferences, and...
Persistent link: https://www.econbiz.de/10005150730
Persistent link: https://www.econbiz.de/10001335926
Theoretical models predict a positive impact of the level of individual wealth on the job exit probability. Empirically this prediction is most likely to be relevant for elderly workers who have accumulated wealth throughout their working life and have a short residual working life. In the...
Persistent link: https://www.econbiz.de/10011350363
Private wealth holdings are likely to become an increasingly important determinant in the job exit decision of elderly workers. Net wealth may correlate with worker's characteristics that also determine the exit out of a job. It is therefore important to include a rich set of observed...
Persistent link: https://www.econbiz.de/10011374416
Most empirical studies of the impact of labour income taxation on the labour supply behaviour of households use a unitary modelling approach. In this paper we empirically analyze income taxation and the choice of working hours by combining the collective approach for household behaviour and the...
Persistent link: https://www.econbiz.de/10011376311
Persistent link: https://www.econbiz.de/10011551021
We present a structural empirical model of collective household labour supply.Following recent developments in the literature on collective household labour sup-ply our model allows for the nonparticipation decision, along with the choiceof working hours. We use the theoretical framework for the...
Persistent link: https://www.econbiz.de/10011334853