Discussion Papers 877, 24 S.
Peter Haan, Victoria Prowse
2009. Apr.
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Published in: The Econometrics Journal 13 (2010), Iss. 3, S99-S125
We estimate a dynamic structural life-cycle model of employment, non-employment and retirement that includes endogenous accumulation of human capital and intertemporal non- separabilities in preferences. Additionally, the model accounts for the effect of the tax and transfer system on work incentives. The structural parameter estimates are used to evaluate the effects of a tax reform targeted at low income individuals on employment behavior and retirement decisions.
Topics: Taxes, Labor and employment
JEL-Classification: C23;C25;J22;J64
Keywords: Life-cycle labor supply, income taxation
Frei zugängliche Version: (econstor)
http://hdl.handle.net/10419/29826