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Labor income dynamics and the insurance from taxes, transfers and the family
Blundell, Richard W.; Graber, Michael; Mogstad, Magne - 2014
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profi les? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...
Persistent link: https://www.econbiz.de/10010230961
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Labor Income Dynamics and the Insurance from Taxes, Transfers, and the Family
Blundell, Richard W. - 2014
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profiles? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...
Persistent link: https://www.econbiz.de/10013059679
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Labor Income Dynamics and the Insurance from Taxes, Transfers, and the Family
Blundell, Richard; Graber, Michael; Mogstad, Magne - Institute for the Study of Labor (IZA) - 2014
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profiles? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...
Persistent link: https://www.econbiz.de/10010764592
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Entering the labour market in a weak economy : scarring and insurance
Cribb, Jonathan; Hood, Andrew; Joyce, Robert - 2017
due to two particular forms of insurance: the UK tax and transfer system and, even more importantly on average, the … in labour market scarring and insurance is key to understanding why parental incomes insure so much of the shock: lower …
Persistent link: https://www.econbiz.de/10011817052
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Equilibrium Unemployment Insurance.
Hassler, J.; Mora, J.V.R.; Storesletten, K.; Zilibotti, F. - Institute for International Economic Studies (IIES), … - 1999
In this paper, the authors incorporate a positive theory of unemployment insurance into a dynamic overlapping … unemployment insurance levels in a politico-conomic equilibrium. …
Persistent link: https://www.econbiz.de/10005207687
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Consumer bankruptcy, mortgage default and labour supply
Li, Wenli; Meghir, Costas; Oswald, Florian - 2022
We specify and estimate a lifecycle model of consumption, housing demand and labor supply in an environment where individuals may file for bankruptcy or default on their mortgage. Uncertainty in the model is driven by house price shocks, education specific productivity shocks, and catastrophic...
Persistent link: https://www.econbiz.de/10013479037
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Insurance, redistribution, and the inequality of lifetime income
Haan, Peter; Kemptner, Daniel; Prowse, Victoria; … - 2023
lifetime tax reform linking annual taxes to previous employment could improve the system's insurance capabilities, albeit at …
Persistent link: https://www.econbiz.de/10014480488
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Insurance, redistribution, and the inequality of lifetime income
Haan, Peter; Kemptner, Daniel; Prowse, Victoria - 2017
lifetime earnings between individuals with different skill endowments and by providing individuals with insurance against … risk. Progressive taxation of annual earnings provides little insurance against lifetime earnings risk. The lifetime … insurance effects of taxation may be improved by moving to a progressive tax on lifetime earnings. Similarly, the lifetime …
Persistent link: https://www.econbiz.de/10011784169
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Insurance, Redistribution, and the Inequality of Lifetime Income
Haan, Peter; Kemptner, Daniel; Prowse, Victoria L. - 2018
lifetime earnings between individuals with different skill endowments and by providing individuals with insurance against … risk. Progressive taxation of annual earnings provides little insurance against lifetime earnings risk. The lifetime … insurance effects of taxation may be improved by moving to a progressive tax on lifetime earnings. Similarly, the lifetime …
Persistent link: https://www.econbiz.de/10011816547
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Insurance, redistribution, and the inequality of lifetime income
Haan, Peter; Kemptner, Daniel; Prowse, Victoria - 2019
would provide more insurance if based on lifetime instead of annual earnings. Requiring wealthy individuals to repay social … assistance received when younger would strengthen the insurance and redistributive functions of social assistance. …
Persistent link: https://www.econbiz.de/10012141894