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Making Work Pay for the Elderly Unemployed: Evaluating Alternative Policy Reforms for Germany

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dc.creator Haan, Peter
dc.creator Steiner, Viktor
dc.date 2006
dc.date.accessioned 2013-10-16T07:00:28Z
dc.date.available 2013-10-16T07:00:28Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18534
dc.identifier ppn:521123933
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18534
dc.description We evaluate three policy reforms targeted at older unemployed people: (i) an hourly wage subsidy, (ii) an in-work credit, and (iii) a subsidy of social security contributions on low wages. The work incentive, labour supply and welfare effects of these hypothetical reforms are analysed on the basis a detailed micro-simulation model for Germany which includes a structural household labour supply model. We find that the simulated labour supply effects of the three policy reforms would be rather similar and of moderate size, ranging between 20,000 and 30,000 older women and between 10,000 and 20,000 older men. Our results also suggest that the hourly wage subsidy yields the highest welfare gains.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 641
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J48
dc.subject J21
dc.subject H21
dc.subject ddc:330
dc.subject in-work support
dc.subject wage subsidies
dc.subject unemployment
dc.subject elderly workers
dc.title Making Work Pay for the Elderly Unemployed: Evaluating Alternative Policy Reforms for Germany
dc.type doc-type:workingPaper


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