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  1. Evaluating the discrete choice and BN methods to estimate labor supply functions
    Published: December 2023
    Publisher:  CESifo, Munich, Germany

    Estimated labor supply functions are important tools when designing an optimal income tax or calculating the effect of tax reforms. It is therefore of large importance to use estimation methods that give reliable results and to know their properties.... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63
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    Estimated labor supply functions are important tools when designing an optimal income tax or calculating the effect of tax reforms. It is therefore of large importance to use estimation methods that give reliable results and to know their properties. In this paper Monte Carlo simulations are used to evaluate two different methods to estimate labor supply functions; the discrete choice method and a nonparametric method suggested in Blomquist and Newey (2002). The focus is on the estimators' ability to predict the hours of work for a given tax system and the change in hours of work when there is a tax reform. The simulations show that the DC method is quite sensitive to misspecifications of the likelihood function and to measurement errors in hours of work. A version of the Blomquist Newey method shows the overall best performance to predict the hours of work.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/282515
    Series: CESifo working papers ; 10827 (2023)
    Subjects: labor supply; tax reform; predictive power; estimation methods; Monte Carlo simulations
    Scope: 1 Online-Ressource (circa 50 Seiten)
  2. Theorie und Methodik der Statistik
    Published: 2017
    Publisher:  Saechsische Landesbibliothek- Staats- und Universitaetsbibliothek Dresden, Dresden ; Technische Universität Dresden

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    Source: Union catalogues
    Language: German
    Media type: E-Journal
    Format: Online
    ISSN: 0945-4802
    Other identifier:
    RVK Categories: QH 400 ; QH 400 ; QH 400
    Series: Dresdner Beiträge zu Quantitativen Verfahren ; 70/17
    Subjects: Statistik; Theorie
    Other subjects: (stw)Statistische Methodenlehre; (stw)Theorie; Wahrscheinlichkeitsmodell; Konvergenz; Asymptotische Eigenschaften; Schätzmethoden; Statistik; Korrelation; Regression; Probability model; convergence; asymptotic properties; estimation methods; statistics; correlation; regression; Graue Literatur; Lehrbuch
    Scope: Online-Ressource
    Notes:
  3. Theorie und Methodik der Statistik
    Published: Februar 2017
    Publisher:  Technische Universität Dresden, Dresden

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    Content information
    Source: Union catalogues
    Language: German
    Media type: Book
    Format: Print
    RVK Categories: QH 400 ; QH 400
    Series: Dresdner Beiträge zu quantitativen Verfahren ; Nr. 70 (17)
    Subjects: Statistik; Theorie
    Other subjects: (stw)Statistische Methodenlehre; (stw)Theorie; Wahrscheinlichkeitsmodell; Konvergenz; Asymptotische Eigenschaften; Schätzmethoden; Statistik; Korrelation; Regression; Probability model; convergence; asymptotic properties; estimation methods; statistics; correlation; Graue Literatur; Lehrbuch
    Scope: x, 325 Seiten, Illustrationen, 30 cm