- Abstract:
-
We specify and estimate a life-cycle labour supply model that expands on earlier work by simultaneously including human capital accumulation, saving and bequests, an active extensive margin, a realistic specification of the progressive tax structure and the Social Security system, and an accounting for private pensions and health expenditures. By incorporating all these features, we develop new insights into how taxes affect life-cycle labour supply. For instance, we find that labour supply e...
Expand abstract - Publication status:
- Published
- Peer review status:
- Peer reviewed
- Version:
- Accepted manuscript
- Files:
-
-
(pdf, 996.3KB)
-
- Publisher copy:
- 10.1111/ecoj.12362
-
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- Publisher:
- Wiley Publisher's website
- Journal:
- Economic Journal Journal website
- Volume:
- 126
- Issue:
- 592
- Pages:
- 578-617
- Publication date:
- 2016-05-23
- Acceptance date:
- 2016-01-01
- DOI:
- EISSN:
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0013-0133
- ISSN:
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1468-0297
- Pubs id:
-
pubs:657827
- URN:
-
uri:fcb9b6f5-edb0-4847-a0e4-9d0addb88788
- UUID:
-
uuid:fcb9b6f5-edb0-4847-a0e4-9d0addb88788
- Local pid:
- pubs:657827
- Paper number:
- 592
- Copyright holder:
- Wiley
- Copyright date:
- 2016
- Notes:
- © 2016 John Wiley and Sons Ltd. This is the second of two papers that formed the basis of Keane's Sargan Lecture to the Royal Economic Society on 30 March 2015. The first, "Life-cycle Labour Supply with Human Capital: Econometric and Behavioural Implications" is available at [https://ora.ox.ac.uk/objects/uuid:427b126d-b2c9-4059-a647-52d2463b4848]/[10.1111/ecoj.12363].
Journal article
Labour Supply: The Roles of Human Capital and The Extensive Margin
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Alfred P. Sloan Foundation
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ARC Centre of Excellence in Population Aging Research
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