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We address the question of how labour supply responds to anticipated wage growth, unanticipated wage growth, and wage risk. We use the 1989-93 panel section of the Bank of Italy SHIW, which collects individual-based quantitative expectation of future wage growth. The use of subjective...
Persistent link: https://www.econbiz.de/10005791984
This paper studies the effects of labour income taxation on growth in an OLG model where both formal schooling and child care enter the human capital production function as complements. We compare them with the effects obtained in a model where only formal schooling matters for skill formation....
Persistent link: https://www.econbiz.de/10005792001
A labour-matching economy with ex post heterogeneous firms is presented. When bargaining over the wage, firms and workers do not know the level of product demand. Once demand is realized, hours of work are chosen. We show that the existence of a legal workweek may enhance efficiency with respect...
Persistent link: https://www.econbiz.de/10005792262
We evaluate reforms to the U.S. tax system in a dynamic setup with heterogeneous married and single households, and with an operative extensive margin in labour supply. We restrict our model with observations on gender and skill premia, labour force participation of married females across skill...
Persistent link: https://www.econbiz.de/10005792274
This paper studies the interactions between an individual's self-esteem and his social environment - in the workplace, at school, and in personal relationships. Because a person generally has only imperfect knowledge of his own abilities, people who derive benefits from his performance (parent,...
Persistent link: https://www.econbiz.de/10005656299
Women married to unemployed men in Britain have lower participation rates than those married to employed men. Possible reasons include unfavourable local labour market conditions affecting both, their both having poor labour market characteristics, and the means testing of benefits, which...
Persistent link: https://www.econbiz.de/10005656613
Women married to unemployed men in Britain have lower participation rates than those married to employed men. Possible reasons include (1) husbands and wives fac-ing similar unfavourable local labour market conditions, (2) their both having characteristics which make it more likely that they...
Persistent link: https://www.econbiz.de/10005656631
Les transformations dans les rapports sociaux de travail sont analysees a l'aide de la theorie de la modernite avancee d'A. Giddens. Celle-ci permet de reunir les explications economiques et culturelles qui sont habituellement proposees pour expliquer ces transformations. Cette theorie illustre...
Persistent link: https://www.econbiz.de/10005656769
Observers have argued about whether highly-educated women are opting out of their careers and for families. If so, it is natural to expect fertility to increase and, insofar as children are associated with lower employment, further declines in employment. This paper provides a comprehensive...
Persistent link: https://www.econbiz.de/10005660142
It is well known that estimation of the labour supply function is complicated by the non-linearity of the individual's s budget constraint. Non-linearity may be caused by a number of factors such as the structure of the tax/benefit scheme or overtime rates. Non-linearities also cause problems in...
Persistent link: https://www.econbiz.de/10005660790