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This article studies the political choice over the extent and the means of income redistribution between high and low skilled workers. Redistributive tools encompass fiscal transfers with negative income tax and minimum wage. Using fiscal instruments only is assumed optimal. We show that high...
Persistent link: https://www.econbiz.de/10002764234
with less perverse effect on unemployment. Time inconsistency is more likely due to lack of credibility than to the short …
Persistent link: https://www.econbiz.de/10003316484
find any robust significant effect, however. The results do not confirm the main implication of Calmfors-type models …
Persistent link: https://www.econbiz.de/10003260831
During the first half of the twentieth century, many US states enacted laws restricting women's labor market opportunities, including maximum hours restrictions, minimum wage laws, and night-shift bans. The era of so-called protective labor laws came to an end in the 1960s as a result of civil...
Persistent link: https://www.econbiz.de/10015374195
We examine the second-best family policy under the assumption that both the number and the future earning capacities of the children born to a couple are random variables with probability distributions conditional on unobservable parental actions. Potential parents take their decisions without...
Persistent link: https://www.econbiz.de/10003847070
This paper focuses on indivisible multiple-costsingle-benefit projects that must be approved by the government. A simple mechanism is proposed that ensures an efficient and fair implementation of such projects. The proposed mechanism is appropriate for a unilateral information structure: the...
Persistent link: https://www.econbiz.de/10003847080
The relationship between corruption and the shadow economy is not clear. Theoretically, they either substitute or complement each other -exhibiting either a negative or positive relationship. This paper -using a structural equation model with two latent variables - extracts information on...
Persistent link: https://www.econbiz.de/10003847100
The aim of this paper is to apply recently proposed individual welfare measures in the context of random utility models of labour supply. Contrary to the standard practice of using reference preferences and wages, these measures preserve preference heterogeneity in the normative step of the...
Persistent link: https://www.econbiz.de/10009300203
In this paper the main focus lies on the development and the size of the shadow economy and of undeclared work (or shadow economy labor force) in OECD, developing and transition countries. Besides informal employment in the rural and non-rural sector also other measures of informal employment...
Persistent link: https://www.econbiz.de/10009308829
This paper analyzes how electoral incentives affected the performance of a major decentralized conditional cash transfer program intended on reducing school dropout rates among children of poor households in Brazil. We show that while this federal program successfully reduced school dropout by 8...
Persistent link: https://www.econbiz.de/10009313316