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Chapter 8. Social Experiments in the Labor Market
Rothstein, J.; von Wachter, T. - 2017
Large-scale social experiments were pioneered in labor economics and are the basis for much of what we know about topics ranging from the effect of job training to incentives for job search to labor supply responses to taxation. Random assignment has provided a powerful solution to selection...
Persistent link: https://www.econbiz.de/10014023418
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Do unemployment insurance recipients actively seek work? : evidence From randomized trials in four U.S. states
Ashenfelter, Orley; Ashmore, David; Deschênes, Olivier - 2000
In this paper we report the results of the only field test of which we are aware that uses randomized trials to measure whether stricter enforcement and verification of work search behavior alone decreases unemployment claims and benefits paid in the U.S. unemployment insurance (UI) program....
Persistent link: https://www.econbiz.de/10011325991
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Deterministic and Stochastic Three-Sector Dynamic Growth Model with Endogenous Labor Supply
Dobrescu, Loretti; Neamtu, Mihaela; Opris, Dumitru - 2012
This paper explores the stability of the stationary state for a dynamic growth model with wealth and human capital accumulation. Knowledge is created through research and learning-by-doing, while the time allocation between labor and leisure is endogenized. We analyze the model in both its...
Persistent link: https://www.econbiz.de/10014041760
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Endogenous Income Taxes in OLG Economies
Chen, Yan - 2011
This paper introduces endogenous income tax rates as in Schmitt-Grohe and Uribe (1997), into the overlapping generations model with endogenous labor and consumption in both periods of life (e.g., Cazzavillan and Pintus, 2004). It shows that local indeterminacy can occur with small distortionary...
Persistent link: https://www.econbiz.de/10013117141
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Modeling labor supply through duality and the Slutsky equation
Ivanov, Ivan; Dobreva, Julia - In: International journal of economic sciences and applied … 3 (2010) 2, pp. 111-122
In the present paper an analysis of the neo-classical optimization model with linear constraints is proposed. By introducing the dual problem it is shown that the solution to the maximization problem is also a solution to the minimization problem. The purely theoretical model proposes a...
Persistent link: https://www.econbiz.de/10009010926
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Modeling Labor Supply Through Duality and the Slutsky Equation
Dobreva, Julia - 2011
In the present paper an analysis of the neo-classical optimization model with linear constraints is proposed. By introducing the dual problem it is shown that the solution to the maximization problem is also a solution to the minimization problem. The purely theoretical model proposes a...
Persistent link: https://www.econbiz.de/10013131109
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Endogenous Business Cycles and Dynamic Inefficiency
Cazzavillan, Guido; Pintus, Patrick A. - 2012
This paper explores how the occurrence of local indeterminacy and endogenous business cycles relates to dynamic inefficiency, as defined by Malinvaud (1953), Phelps (1965) and Cass (1972). We follow Reichlin (1986) and Grandmont (1993) by considering a two-period OLG model of capital...
Persistent link: https://www.econbiz.de/10014054251
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Tax-benefit systems in Europe and the US: Between equity and efficiency
Bargain, Olivier; Dolls, Mathias; Neumann, Dirk; … - 2011
preferences or efficiency constraints is an important question that paves the debate about the optimality of welfare regimes. To … approach to characterize the redistributive preferences embodied in the welfare systems of 17 EU countries and the US. Implicit … social welfare functions are broadly compatible with the fiction of an optimizing Paretian social planner. Some exceptions …
Persistent link: https://www.econbiz.de/10010274595
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Tax-benefit systems in Europe and the US: Between equity and efficiency
Bargain, Olivier; Dolls, Mathias; Neumann, Dirk; … - 2011
preferences or efficiency constraints is an important question that paves the debate about the optimality of welfare regimes. To … approach to characterize the redistributive preferences embodied in the welfare systems of 17 EU countries and the US. Implicit … social welfare functions are broadly compatible with the fiction of an optimizing Paretian social planner. Some exceptions …
Persistent link: https://www.econbiz.de/10010277401
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A framework for pension policy analysis in Ireland: PENMOD, a dynamic simulation model
Callan, Tim; van de Ven, Justin; Keane, Claire - 2011
This paper describes a structural dynamic microsimulation model of the household that has been developed to explore behavioural responses to pensions policy counterfactuals in Ireland. The model is based upon the life-cycle theory of behaviour, which assumes that individuals make their decisions...
Persistent link: https://www.econbiz.de/10010392485