Showing 1 - 10 of 619
The paper extends a static discrete-choice labor supply model by adding participation and hours constraints. We identify restrictions by survey information on the eligibility and search activities of individuals as well as actual and desired hours. This provides for a more robust identification...
Persistent link: https://www.econbiz.de/10011910954
differences. We contribute to this literature by exploring a different research question: if wages of women are systematically … lower than male wages, what are the distributional consequences (disposable income) and what are the labor market effects … (labor supply) of the wage gap? We demonstrate how the gender gap in gross hourly wages shows up in the distribution of …
Persistent link: https://www.econbiz.de/10010519518
reduce in-work poverty? Previous literature on its distributional impact was either focused on earnings and hourly wages (e … descriptive ex-post evidence on the distributional implications of the German minimum wage on wages and disposable household … by the minimum wage based on pre-reform wages ignoring large job fluctuations and measurement error at the bottom of the …
Persistent link: https://www.econbiz.de/10012014238
We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life-cycle model of consumption and labor supply. Both...
Persistent link: https://www.econbiz.de/10012160640
effects are sensitive to measurement errors in wages, the representativeness of the sample with respect to several types of …
Persistent link: https://www.econbiz.de/10003858715
-time work - 7% on average - full-time workers expect no effect on current wages when switching to part-time, on average …
Persistent link: https://www.econbiz.de/10013461177
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles forprime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011373904
We hypothesize that an individual's time use choices are contingent on the time use choices of others because the utility derived from leisure time often benefits from the presence of companionable others inside and outside the household. We develop a model of time use, and demonstrate that its...
Persistent link: https://www.econbiz.de/10011438897
Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes: to weight household units by size or by needs.Using data from the Luxembourg Income Study, we show the sensitivity of country inequality rankings to conversion schemes and...
Persistent link: https://www.econbiz.de/10009268979
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income satisfaction will be developed. In contrast to other subjective approaches, the present one benefits from the fact that no direct cardinal individual welfare function has to be...
Persistent link: https://www.econbiz.de/10011433806