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and Dutch workers have relatively low working hours. Disability is high, particularly among young individuals. We discuss …
Persistent link: https://www.econbiz.de/10010273960
When deciding on the social desirability of public investment, the cost of a project is sometimes adjusted by a factor known as the Marginal Cost of Public Funds (MCP F ), which captures the cost of raising public funds through distortionary taxation. However, there is no scholarly consensus on...
Persistent link: https://www.econbiz.de/10014540891
reduced by roughly 25 percent or taxes will need to be increased by about 33 percent, or some combination to avoid benefit …
Persistent link: https://www.econbiz.de/10014581826
Revisiting Parsons' 1996 article about disability insurance with imperfect tagging in a two type-economy -- individuals …. Finally Parsons' model is extended to three types: able, partially disabled and disabled - adapting the model to disability … insurances allowing for more than two degrees of disability. The results are consistent with Parsons', but a complete ranking of …
Persistent link: https://www.econbiz.de/10013208508
unnecessary threat to reduce Social Security retirement income benefits (Romig 2023) by extending the full benefit retirement age … are being made to roll back Social Security retirement benefit eligibility while other publicly funded retirement programs …
Persistent link: https://www.econbiz.de/10015394072
The focus of the present paper is on the intragenerational effects of nonlinear income taxation in a multiperiod framework. We investigate whether it is possible to achieve redistribution at smaller efficiency costs by enlarging the message space adopted in standard tax system (which only...
Persistent link: https://www.econbiz.de/10010321640
through disability. In general, the low generosity of out-of-work benefits means that positive incentives to work exist for … almost all benefit recipients, but weak work incentives exist for those receive Housing Benefit, and for primary earners in … the benefit system, and recent reforms to the out-of-work benefits have involved toughening and extending job …
Persistent link: https://www.econbiz.de/10010273971
, individuals whose health is risky and heterogeneous choose to either work, or not work and apply for social security disability …
Persistent link: https://www.econbiz.de/10012653489
Minsky (1965) has presented the Job Guarantee program as a recommendation in the war against unemployment and poverty. Kalecki (1943), on the other hand, argued that the full employment situation could be technically feasible but politically hard to implement due to the class struggle, resulting...
Persistent link: https://www.econbiz.de/10015189347
We study the potential effects on the real economy and welfare of four fiscal policy responses to an energy supply shock: energy vouchers to all households, only to lowincome households, or to non-energy goods producers, and subsidies for investments in the energy sector. The analysis relies on...
Persistent link: https://www.econbiz.de/10015195476