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Reservation Wages and Labor Supply
Kesternich, Iris - 2020
Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012831654
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Inheritance Taxation and Wealth Effects on the Labor Supply of Heirs
Kindermann, Fabian - 2019
The taxation of bequests can have a positive impact on the labor supply of heirs through wealth effects. This leads to an increase in future labor income tax revenue on top of direct bequest tax revenue. We first show in a theoretical model that a simple back-of-the-envelope calculation, based...
Persistent link: https://www.econbiz.de/10012892312
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Understanding the Estimation of Oil Demand and Oil Supply Elasticities
Kilian, Lutz - 2020
conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …
Persistent link: https://www.econbiz.de/10012822493
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A Public Good Version of the Collective Household Model : An Empirical Approach with an Application to British Household Data
Klaveren, Chris van; Praag, Bernard M. S. van; Maassen … - 2021
are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are …
Persistent link: https://www.econbiz.de/10013316615
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Coupling Labor Supply Decisions : An Experiment in India
Lowe, Matt; McKelway, Madeline - 2021
Joint household decision-making may be prevented by the incentives of individuals to withhold information or avoid bargaining. We study whether these barriers to joint decision-making keep female labor force participation low in India. In partnership with one of India’s largest carpet...
Persistent link: https://www.econbiz.de/10013312075
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Early Child Care and Labor Supply of Lower-Ses Mothers : A Randomized Controlled Trial
Hermes, Henning; Krauß, Marina; Lergetporer, Philipp; … - 2023
We present experimental evidence that enabling access to universal early child care for families with lower socioeconomic status (SES) increases maternal labor supply. Our intervention provides families with customized help for child care applications, resulting in a large increase in enrollment...
Persistent link: https://www.econbiz.de/10014264150
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Theoretical and practical arguments for modeling labor supply as a choice among latent jobs
Dagsvik, John K.; Jia, Zhiyang; Kornstad, Tom; … - 2012
paper we argue that practicality is not the only feature that can be addressed by means of stochastic choice theory. This … theory also offers a powerful framework for developing a more realistic model for labor supply choices, founded on …
Persistent link: https://www.econbiz.de/10010280822
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Labor income taxation, human capital and growth: the role of child care
Casarico, Alessandra; Sommacal, Alessandro - 2008
This paper studies the implications of introducing child care in the human capital production function when assessing the effects of labor income taxation on growth. We develop an OLG model where formal schooling and child care enter the human capital production function as complements and we...
Persistent link: https://www.econbiz.de/10010264409
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Reducing the excess burden of subsidizing the stork: joint taxation, individual taxation, and family tax splitting
Meier, Volker; Wrede, Matthias - 2008
Analyzing a homogenous household setting with endogenous fertility and endogenous labor supply, we demonstrate that moving from joint taxation to individual taxation and adapting child benefits so as to keep fertility constant entails a Pareto improvement. The change is associated with an...
Persistent link: https://www.econbiz.de/10010264495
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Rank dependent utility, tax evasion and labor supply
Eide, Erling; von Simson, Kristine; Strøm, Steinar - 2010
payers act according to some non-expected utility theory, and (2) Individual ethical norms and social stigma induce people … subjective probabilities of being penalised according to the rank dependent utility theory, and (2) Tax payers' beliefs about … utility theory. The model explains data 53% better than pure random choices and predicts hours worked in the regular economy …
Persistent link: https://www.econbiz.de/10010274740