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We study the usually assumed trade-off between income and leisure in labor supply decisions using comprehensive German panel data. We compare non-employed individuals after plant closures with employed people regarding both income and time use as well as their subjective perceptions of these two...
Persistent link: https://www.econbiz.de/10011717715
of the tax and transfer system on work incentives. The structural parameter estimates are used to evaluate the effects of …
Persistent link: https://www.econbiz.de/10011635029
Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model, repeated observations on the same individual provide scant...
Persistent link: https://www.econbiz.de/10011631763
We use the panel data of the German Socio-Economic Panel (SOEP) and of the Ukrainian Longitudinal Monitoring Survey (ULMS) to investigate whether risk attitudes have primary (exogenous) determinants that are valid in different stages of economic development and in a different structural context,...
Persistent link: https://www.econbiz.de/10011376904
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing one’s job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011442282
In this paper the relationship between parental unemployment at time of children's labor market entrance on the quality of their children's first job is analyzed. Using data from the German Socio-Economic Panel (SOEP) for the years 1991-2012 the quality of the first job in terms of wage,...
Persistent link: https://www.econbiz.de/10011450984
West Germany, we find strong true state dependence in all three states. Moreover, compared to wage employment, non …
Persistent link: https://www.econbiz.de/10011634163
market. In Germany's Statutory Health Insurance (SHI) system, the replacement level for periods of sickness of up to six …
Persistent link: https://www.econbiz.de/10011634717
In Germany, there is an ongoing debate about how to increase the efficiency of the social security system and … especially its financing. The aim of this paper is to simulate different financing systems for Germany. The introduction of a … Liberal British or the Southern Greek financing system increases inequality and poverty, as well as labour supply incentives …
Persistent link: https://www.econbiz.de/10011635011
To equalize differences in health plan premiums due to differences in risk pools, the German legislature introduced a simple Risk Adjustment Scheme (RAS) based on age, gender and disability status in 1994. In addition, effective 1996, consumers gained the freedom to choose among hundreds of...
Persistent link: https://www.econbiz.de/10011663379