The Chapter 7 bankruptcy code was motivated by the notion of a "fresh start," which was justified in part by the Supreme Court on the grounds that it would encourage work incentives. We ask the question, "how does a fresh start affect labor supply?" This question is explored in the context of a...

The risk of labor market, health, and asset-value shocks comprise profound retirement savings challenges for older workers. Parents, however, may experience added risk if their children experience adverse labor market shocks. Prior research has shown that parents support their children...

In many high-income economies, the recession caused by the Covid-19 pandemic has resulted in unprecedented declines in women's employment. We examine how the forces that underlie this observation play out in developing countries, with a specific focus on Nigeria, the most populous country in...

This article presents empirical evidence with respect to two constraints on workers' intertemporal labor supply: the liquidity constraint which prevents workers from borrowing against future consumption to accommodate wage changes; and consumption commitments which, due to transaction costs,...

The paper reviews the participation rate trends on the labor market of Vologda region. The author analyzes the possibilities of expanding regional labor market at the expense domestic and external labor resources. For this purpose various categories of the population that make up the labor force...

The purpose of the paper is to provide a discussion of the various approaches for accounting for labour supply responses in microsimulation models. The paper focuses attention on two methodologies for modelling labour supply: the discrete choice model and the random utility – random...

Does the culture in which a woman grows up influence her labor market decisions once she has had a child? And to what extent can exposure to a different cultural group in adulthood shape maternal labor supply? To address these questions, we exploit the setting of the German reunification. A...

The effects of social distancing measures on income distributions and aggregate variables are examined with an off-the-shelf heterogeneousagent incomplete-market model. The model shows that social distancing measures, which limit households’ labor supply, can decrease the labor supply of...

An empirical analysis of labor market transitions for spouses in couples is implemented. Object of study are transitions between the states of nonparticipation, unemployed search, and employment. Motivated by a model of household search, the emphasis is on spousal variables and interactions....