Employment Effects of Welfare Reforms : Evidence from a Dynamic Structural Life-Cycle Model

In this paper we develop a dynamic structural life-cycle model of labor supply behavior which fully accounts for the effect of income tax and transfers on labor supply incentives. Additionally, the model recognizes the demand side driven rationing risk that might prevent individuals from realizing their optimal labor supply state, resulting in involuntary unemployment...

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Year of publication:	2008-05-01
Authors:	Haan, Peter ; Prowse, Victoria L. ; Uhlendorff, Arne
Institutions:	Forschungsinstitut zur Zukunft der Arbeit <Bonn>
Subject:	Lebenszyklus <Wirtschaft> \| Arbeitsangebot

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Extent:	472064 bytes 48 p. application/pdf
Series:	Universität Bonn - Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA) - Discussion Papers in 2008 Discussion Paper ; 3480 (2008)
Type of publication:	Book / Working Paper
Language:	English
Classification:	C35 - Discrete Regression and Qualitative Choice Models ; C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; J22 - Time Allocation and Labor Supply ; J64 - Unemployment: Models, Duration, Incidence, and Job Search ; Others ; Individual Working Papers, Preprints ; Germany. General Resources
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005859699