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作者:van Rens, Thijs
作者单位:Centre de Recerca en Economia Internacional (CREI); Pompeu Fabra University
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作者:Erosa, Andres; Fuster, Luisa; Kambourov, Gueorgui
作者单位:University of Toronto; National Bureau of Economic Research
摘要:There are substantial cross-country differences in labor supply late in the life cycle (age 50+). A theory of labor supply and retirement decisions is developed to quantitatively assess the role of social security, disability insurance, and taxation for understanding differences in labor supply late in the life cycle across European countries and the United States. The findings support the view that government policies can go a long way towards accounting for the low labor supply late in the l...
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作者:Guner, Nezih; Kaygusuz, Remzi; Ventura, Gustavo
作者单位:Autonomous University of Barcelona; ICREA; Barcelona School of Economics; Sabanci University; Arizona State University; Arizona State University-Tempe
摘要:Based on well-known evidence on labor supply elasticities, several authors have concluded that women should be taxed at lower rates than men. We evaluate the quantitative implications and merits of this proposition. Relative to the current system of taxation, setting a proportional tax rate on married females equal to 4% (8%) increases output and married female labor force participation by about 3.9% (3.4%) and 6.9% (4.0%), respectively. Gender-based taxes improve welfare and are preferred by ...
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作者:Rupert, Peter; Wasmer, Etienne
作者单位:Institut d'Etudes Politiques Paris (Sciences Po); University of California System; University of California Santa Barbara
摘要:Conventional macro-search models (Mortensen and Pissarides) with unemployment benefits and taxes have been able to account for the variation in unemployment rates across countries but do not account for the role geographic mobility or commuting time might play. We build a model in which both unemployment and mobility rates are endogenous. Our findings indicate that an increase in unemployment benefits and in taxes does not generate a strong decline in mobility but does increase unemployment as...
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作者:Imrohoroglu, Selahattin
作者单位:University of Southern California
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作者:Bachmann, Ruediger
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作者:Sahin, Ayseguel
作者单位:Federal Reserve System - USA; Federal Reserve Bank - New York
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作者:Rogerson, Richard
作者单位:Princeton University
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作者:Ohanian, Lee E.; Raffo, Andrea
作者单位:University of California System; University of California Los Angeles; National Bureau of Economic Research; Federal Reserve System - USA
摘要:We build a dataset of quarterly hours worked for 14 OECD countries. We document that hours are as volatile as output, that a large fraction of labor adjustment takes place along the intensive margin, and that the volatility of hours relative to output has increased over time. We use these data to reassess the Great Recession and prior recessions. The Great Recession in many countries is a puzzle in that labor wedges are small, while those in the U.S. Great Recession - and those in previous Eur...
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作者:Davis, Steven J.; Faberman, R. Jason; Haltiwanger, John
作者单位:University System of Maryland; University of Maryland College Park; National Bureau of Economic Research; University of Chicago; National Bureau of Economic Research; Federal Reserve System - USA; Federal Reserve Bank - Chicago
摘要:Many theoretical models of labor market search imply a tight link between worker flows (hires and separations) and job gains and losses at the employer level. We use rich establishment-level data to assess several theoretical models and to study the relationship between worker flows and jobs flows. Hires, quits, and layoffs exhibit strong, highly nonlinear relationships to employer growth rates in the cross section. Simple statistical models of these relationships greatly improve our ability t...