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Employment Effects of Welfare Reforms
Peter Haan
Victoria L. Prowse
Arne Uhlendorff
其他書名
Evidence from a Dynamic Structural Life Cycle Model
出版
IZA
, 2008
URL
http://books.google.com.hk/books?id=DDzFzQEACAAJ&hl=&source=gbs_api
註釋
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.
