Over 2000 books to read online or download to your PC, Kindle, Android, iPad, iPhone and any electronic book reader
Find an eBook by title or author...

 Electronic books  Economics and Business  Employment and Training 
----------------------

Employment effects of welfare reforms

P. Haan, V. Prowse, A. Uhlendorff

Published: 2008

eBook Abstract

In this paper we develop a dynamic structural life-cycle model of labor supply behavior which fully accounts for the effects of income tax and transfers on labor supply incentives. Additionally, the model recognizes the demand side driven rationing risk that might prevent individuals from realizing their optimal labor supply state, resulting in involuntary unemployment. We use this framework to study the employment effects of transforming a traditional welfare state, as is currently in place in Germany, towards a more Anglo-American system in which a large proportion of transfers are paid to the working poor.

Keywords : Life-cycle labor supply, involuntary unemployment, in-work credits.

eBook License: Copyrighted (Personal Use Only)

Free ebook to download in PDF format - 47 pages