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In this paper, we investigate the role of young adult mortality on child labour and educational decisions. We argue that mortality risks are a major source of risks in returns to education in developing countries. We show that, in the absence of appropriate insurance mechanisms, the level of...
Persistent link: https://www.econbiz.de/10005498071
This paper combines income and expenditure with time use data to provide a unique picture of the time paths of labour supplies, saving and full consumption for two-adult households over the life cycle. These data are used to test the life cycle model presented in the paper, at the core of which...
Persistent link: https://www.econbiz.de/10004971328
This paper extends the standard model of the life cycle consumption, saving and labor supply in a number of direction.
Persistent link: https://www.econbiz.de/10004977259
This paper presents for the .rst time the properties of optimal piece-wise linear tax systems for two-earner households, based on joint and individual incomes respectively. A key contribution is the analysis of the interaction of second earner wage di¤erences, variation in prices of bought-in...
Persistent link: https://www.econbiz.de/10011079132
The Mirrlees Review of the UK tax system, together with its companion volume of research papers, can be expected to influence future discussions of tax reform. Indeed, this can already be recognised in the Henry Review. As far as income taxation is concerned, the most substantive recommendation...
Persistent link: https://www.econbiz.de/10011079147
This paper formulates a model to examine the effects of changes in tax-benefit policy on the behavior of divorced parents and the well-being of children in single-parent households. Noncustodial parents choose the level of a child support payment to transfer to custodians. These, in turn, decide...
Persistent link: https://www.econbiz.de/10005136476
inequality among the poor is unavoidable. Finally, a successful land reform allows for the transition of a society from an …
Persistent link: https://www.econbiz.de/10005661874
micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market … economy. We use data from the Czech Republic because it is a leading transition economy in which the communist grid remained … firms during the transition. Our estimates also indicate that men's wage-experience profile was concave in both regimes and …
Persistent link: https://www.econbiz.de/10005666520
Transition economies have an initial condition of high human capital relative to GDP per capita, giving them high … economics from transition economics. …
Persistent link: https://www.econbiz.de/10005124062
This paper models gender discrimination in the labor market as originating from bargaining between husbands and wives within the family. The husband-wife household bargains over resource distribution, with each spouse's bargaining power determined by his/her market income. Men are reluctant to...
Persistent link: https://www.econbiz.de/10011083821