Benczúr, P.; Kátay, G.; Kiss, A.; Rácz, O. - Banque de France - 2014
This paper estimates the effect of income taxation and transfers on labour supply at the extensive margin, i.e., the … transfers. Non-labour income contains the (hypothetical) transfer amount someone gets when out of work, while the wage is … replaced by the difference between net wages and the amount of lost transfers due to taking up a job (gains to work). To …