Naslov (srp)

Labour Supply and Inequality Effects of In-Work Benefits : Evidence from Serbia

Autor

Ranđelović, Saša
Žarković Rakić, Jelena
Vladisavljević, Marko
Vujić, Sunčica

Opis (eng)

Abstract Low labour market participation, together with the high effective tax wedge at low wage levels, create a fertile ground for the introduction of the in-work benefits (IWB) in Serbia. Our paper provides an ex-ante evaluation of the two IWB schemes, directed at stimulating the labour supply and more equal income distribution. The methodological approach combines the tax-and-benefit microsimulation model with the discrete labour supply model. Our results show that both individual and family-based IWB schemes would considerably boost labour market participation, although family-based benefits would have disincentivizing effects for the secondary earners in couples. Most of the behavioural changes take place among the poorest individuals, with significant redistributive effects.

Jezik

engleski

Datum

2019

Licenca

Ovo delo je licencirano pod uslovima licence
Creative Commons CC BY-NC-ND 4.0 - Creative Commons Autorstvo - Nekomercijalno - Bez prerada 4.0 International License.

http://creativecommons.org/licenses/by-nc-nd/4.0/legalcode

Predmet

Keywords: in-work benefits, labour supply, inequality, discrete choice model, microsimulation

Deo kolekcije (1)

o:28218

Ekonomski fakultet