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Discrete-choice models provide a tractable method and a simple way to represent utility-maximizing labor supply decisions in the presence of highly nonlinear and possibly non-convex budget constraints. Thus, it is not surprising that they are so extensively used for ex-ante evaluation of...
Persistent link: https://www.econbiz.de/10005509840
The literature on household behavior contains hardly any empirical research on the within-household distributional effect of tax-benefit policies. We simulate this effect in the framework of a collective model of labor supply when shifting from a joint to an individual taxation system in France....
Persistent link: https://www.econbiz.de/10005509892
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Earning an income is probably the best way of avoiding poverty and social exclusion, hence the recent trend of promoting employment through in-work transfers in OECD countries. Yet, the relative consensus on the need for `making work pay' policies is muddied by a number of concerns relative to...
Persistent link: https://www.econbiz.de/10005212144
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We study, in a model with unemployment, how labour market status affects the preferences for public spending, whether in the form of a public good or subsidies. We then derive the implications for the dynamics of government expenditures, under the hypothesis of majority voting.
Persistent link: https://www.econbiz.de/10005509836
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Gravity equations have been a very useful and powerful tool to model international trade in goods and asset portfolios. However, the negative impact of distance (justified by trans-portation costs for trade in goods and by transaction costs for trade in assets) is surprisingly high. This paper...
Persistent link: https://www.econbiz.de/10005509841