skip to content
Marriage-related policies in an estimated life-cycle model of households' labor supply and savings for two cohorts Preview this item
ClosePreview this item
Checking...

Marriage-related policies in an estimated life-cycle model of households' labor supply and savings for two cohorts

Author: Margherita Borella; Mariacristina De Nardi; Fang Yang, (Economist); National Bureau of Economic Research,
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2017.
Series: Working paper series (National Bureau of Economic Research), no. 23972.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
In the U.S., both taxes and old age Social Security benefits explicitly depend on one's marital status. We study the effects of eliminating these marriage-related provisions on the labor supply and savings of two different cohorts. To do so, we estimate a rich life-cycle model of couples and singles using the Method of Simulated Moments (MSM) on the 1945 and 1955 birth-year cohorts. Our model matches well the life  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Margherita Borella; Mariacristina De Nardi; Fang Yang, (Economist); National Bureau of Economic Research,
OCLC Number: 1008568287
Notes: "October 2017"
Description: 1 online resource (66 pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), no. 23972.
Responsibility: Margherita Borella, Mariacristina De Nardi, Fang Yang.

Abstract:

In the U.S., both taxes and old age Social Security benefits explicitly depend on one's marital status. We study the effects of eliminating these marriage-related provisions on the labor supply and savings of two different cohorts. To do so, we estimate a rich life-cycle model of couples and singles using the Method of Simulated Moments (MSM) on the 1945 and 1955 birth-year cohorts. Our model matches well the life cycle profiles of labor market participation, hours, and savings for married and single people and generates plausible elasticities of labor supply. We find that these marriage-related provisions reduce the participation of married women over their life cycle, the participation of married men after age 55, and the savings of couples. These effects are large for both the 1945 and 1955 cohorts, even though the latter had much higher labor market participation of married women to start with.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/1008568287> # Marriage-related policies in an estimated life-cycle model of households' labor supply and savings for two cohorts
    a schema:Book, schema:MediaObject, schema:CreativeWork ;
    library:oclcnum "1008568287" ;
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
    schema:about <http://experiment.worldcat.org/entity/work/data/4564706557#Topic/labor_market_economic_aspects_united_states_econometric_models> ; # Labor market--Economic aspects--United States--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/4564706557#Topic/marriage_economic_aspects_united_states_econometric_models> ; # Marriage--Economic aspects--United States--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/4564706557#Place/united_states> ; # United States.
    schema:about <http://experiment.worldcat.org/entity/work/data/4564706557#Topic/saving_and_investment_economic_aspects_united_states_econometric_models> ; # Saving and investment--Economic aspects--United States--Econometric models
    schema:author <http://experiment.worldcat.org/entity/work/data/4564706557#Person/yang_fang_economist> ; # (Economist) Fang Yang
    schema:author <http://experiment.worldcat.org/entity/work/data/4564706557#Person/de_nardi_mariacristina> ; # Mariacristina De Nardi
    schema:author <http://experiment.worldcat.org/entity/work/data/4564706557#Person/borella_margherita> ; # Margherita Borella
    schema:bookFormat schema:EBook ;
    schema:datePublished "2017" ;
    schema:description "In the U.S., both taxes and old age Social Security benefits explicitly depend on one's marital status. We study the effects of eliminating these marriage-related provisions on the labor supply and savings of two different cohorts. To do so, we estimate a rich life-cycle model of couples and singles using the Method of Simulated Moments (MSM) on the 1945 and 1955 birth-year cohorts. Our model matches well the life cycle profiles of labor market participation, hours, and savings for married and single people and generates plausible elasticities of labor supply. We find that these marriage-related provisions reduce the participation of married women over their life cycle, the participation of married men after age 55, and the savings of couples. These effects are large for both the 1945 and 1955 cohorts, even though the latter had much higher labor market participation of married women to start with."@en ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/4564706557> ;
    schema:inLanguage "en" ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/4564706557#Series/nber_working_paper_series> ; # NBER working paper series ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/4564706557#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
    schema:name "Marriage-related policies in an estimated life-cycle model of households' labor supply and savings for two cohorts"@en ;
    schema:productID "1008568287" ;
    schema:publisher <http://experiment.worldcat.org/entity/work/data/4564706557#Organization/national_bureau_of_economic_research> ; # National Bureau of Economic Research,
    schema:url <http://www.nber.org/papers/w23972> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/1008568287> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/4564706557#Organization/national_bureau_of_economic_research> # National Bureau of Economic Research,
    a schema:Organization ;
    schema:name "National Bureau of Economic Research," ;
    .

<http://experiment.worldcat.org/entity/work/data/4564706557#Person/borella_margherita> # Margherita Borella
    a schema:Person ;
    schema:familyName "Borella" ;
    schema:givenName "Margherita" ;
    schema:name "Margherita Borella" ;
    .

<http://experiment.worldcat.org/entity/work/data/4564706557#Person/de_nardi_mariacristina> # Mariacristina De Nardi
    a schema:Person ;
    schema:familyName "De Nardi" ;
    schema:givenName "Mariacristina" ;
    schema:name "Mariacristina De Nardi" ;
    .

<http://experiment.worldcat.org/entity/work/data/4564706557#Person/yang_fang_economist> # (Economist) Fang Yang
    a schema:Person ;
    schema:familyName "Yang" ;
    schema:givenName "Fang" ;
    schema:name "(Economist) Fang Yang" ;
    .

<http://experiment.worldcat.org/entity/work/data/4564706557#Place/united_states> # United States.
    a schema:Place ;
    schema:name "United States." ;
    .

<http://experiment.worldcat.org/entity/work/data/4564706557#Series/nber_working_paper_series> # NBER working paper series ;
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1008568287> ; # Marriage-related policies in an estimated life-cycle model of households' labor supply and savings for two cohorts
    schema:name "NBER working paper series ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/4564706557#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1008568287> ; # Marriage-related policies in an estimated life-cycle model of households' labor supply and savings for two cohorts
    schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/4564706557#Topic/labor_market_economic_aspects_united_states_econometric_models> # Labor market--Economic aspects--United States--Econometric models
    a schema:Intangible ;
    schema:name "Labor market--Economic aspects--United States--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/4564706557#Topic/marriage_economic_aspects_united_states_econometric_models> # Marriage--Economic aspects--United States--Econometric models
    a schema:Intangible ;
    schema:name "Marriage--Economic aspects--United States--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/4564706557#Topic/saving_and_investment_economic_aspects_united_states_econometric_models> # Saving and investment--Economic aspects--United States--Econometric models
    a schema:Intangible ;
    schema:name "Saving and investment--Economic aspects--United States--Econometric models"@en ;
    .

<http://www.worldcat.org/title/-/oclc/1008568287>
    a genont:InformationResource, genont:ContentTypeGenericResource ;
    schema:about <http://www.worldcat.org/oclc/1008568287> ; # Marriage-related policies in an estimated life-cycle model of households' labor supply and savings for two cohorts
    schema:dateModified "2019-02-11" ;
    void:inDataset <http://purl.oclc.org/dataset/WorldCat> ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.