Many advanced economies implemented labor market reforms over the past decades in order to encourage higher labor force participation rates. In this paper, we measure work incentives inherent in tax-benefit systems by computing Participation Tax Rates (PTRs) across the EU and subsequently identify the impact of these disperse PTRs on the probability of employment. We find that higher PTR-levels...
BAMS is a joint seminar by the DIW Berlin, the Hertie School of Governance, the HU Berlin and the WZB.
As panel vector autoregressive (PVAR) models can include several countries and variables in one system, they are well suited for global spillover analyses. However, PVARs require restrictions to ensure the feasibility of the estimation. The present paper uses a selection prior for a data-based restriction search. It introduces the stochastic search variable selection for PVAR models (SSVSP) as an alternative ...
We are happy to present our recent SOEPnewsletter 113, October 2016. We like to inform about the upcoming SOEP version 32 (data 1984-2015), to be released not later than December 15, 2016, news on the SOEP information system paneldata.org (and the documentation of SOEP v31 at data.soep.de) the changes at the LIS - Cross-national Data Center in Luxembourg the change of name of our research institute ...
