Female labour supply, human capital and welfare reform

"We consider the impact of tax credits and income support programs on female education choice, employment, hours and human capital accumulation over the life-cycle. We analyze both the short run incentive effects and the longer run implications of such programs. By allowing for risk aversion an...

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Bibliographic Details
Main Authors: Blundell, Richard, Costa Dias, Monica
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2013
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19127225124919454079-Female-labour-supply,-human-ca.htm
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author Blundell, Richard
Costa Dias, Monica
author_facet Blundell, Richard
Costa Dias, Monica
collection Library items
description "We consider the impact of tax credits and income support programs on female education choice, employment, hours and human capital accumulation over the life-cycle. We analyze both the short run incentive effects and the longer run implications of such programs. By allowing for risk aversion and savings, we quantify the insurance value of alternative programs. We find important incentive effects on education choice and labor supply, with single mothers having the most elastic labor supply. Returns to labor market experience are found to be substantial but only for full-time employment, and especially for women with more than basic formal education. For those with lower education the welfare programs are shown to have substantial insurance value. Based on the model, marginal increases to tax credits are preferred to equally costly increases in income support and to tax cuts, except by those in the highest education group."
format TEXT
geographic United Kingdom
id 19127225124919454079_6e0b387814d6401bb8304bdfa81eda3d
institution ETUI-European Trade Union Institute
is_hierarchy_id 19127225124919454079_6e0b387814d6401bb8304bdfa81eda3d
is_hierarchy_title Female labour supply, human capital and welfare reform
language English
physical 57 p.
Digital
publishDate 2013
publisher Bonn
IZA
spellingShingle Blundell, Richard
Costa Dias, Monica
education
labour supply
welfare state
women
Female labour supply, human capital and welfare reform
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=100782492896
title Female labour supply, human capital and welfare reform
topic education
labour supply
welfare state
women
url https://www.labourline.org/KENTIKA-19127225124919454079-Female-labour-supply,-human-ca.htm