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Analogous to the widely studied concept of precautionary savings, our study contributes to the burgeoning literature on precautionary labor supply behavior when wages are subject to uninsurable wage risk. We estimate the parameters of a dynamic structural model of labor supply of men. We test whether workers are risk averse and prudent in the sense that they increase labor supply in anticipation of ...
Berlin:
2015,
| Robin Jessen, Davud Rostam-Afschar
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We quantify the importance of precautionary labour supply defined as the difference between hours supplied in the presence of risk and hours under perfect foresight. Using the German Socio-Economic Panel from 2001 to 2012, we estimate the effect of wage risk on labour supply and test for constrained adjustment of labour supply. We find that married men choose on average about 2.8% of their hours of ...
In:
Oxford Economic Papers
70 (2018), 3, 868–891
| Robin Jessen, Davud Rostam-Afschar, Sebastian Schmitz
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We study three budget-neutral reforms of the German tax and transfer system designed to improve work incentives for people with low incomes: a feasible flat tax reform that provides a basic income which is equal to the current level of the means tested unemployment benefit, and two alternative reforms that involve employment subsidies to stimulate participation and full-time work, respectively. We ...
In:
FinanzArchiv
73 (2017), 1, 1-41
| Robin Jessen, Davud Rostam-Afschar, Viktor Steiner
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In:
European Union Politics
4 (2003), 2, 139-164
| David K. Jesuit
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Luxembourg:
Luxembourg Income Study (LIS),
2008,
(Luxembourg Income Study Working Paper No. 494)
| David K. Jesuit
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The traditional way of measuring government redistribution across countries is to compare the income households report that they receive from private sources with the income they receive after government transfers have been added and taxes and social insurance contributions deducted. Unfortunately, this conventional measure does not capture “second order” effects whereby income guarantees arising from ...
Luxembourg:
Luxembourg Income Study (LIS),
2010,
(Luxembourg Income Study Working Paper No. 546)
| David K. Jesuit, Vincent A. Mahler
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Luxembourg:
Luxembourg Income Study (LIS),
2008,
(Luxembourg Income Study Working Paper No. 486)
| David K. Jesuit, Vincent A. Mahler, Piotr R. Paradowski
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Genf:
ILO,
1996,
(World Employment 1996/97 - National Policies in a Global Context)
| International Labour Office
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Berlin:
International Max Planck Research School on the life Course (LIFE),
2012,
| International Max Planck Research School on the Life Course
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Washington D. C.:
International Monetary Fund,
2007,
| International Monetary Fund (ed.)