JOINT VIENNA

MACROECONOMICS

SEMINAR

INVITATION

 

The Joint Vienna Institute and the Institute for Advanced Studies cordially invite you to the following Joint Vienna Macroeconomics Seminar

Tuesday, June 12, 2018

Institute for Advanced Studies

Josefstädter Straße 39, 1080 Vienna

Salon, 1st floor

5:00 pm

 

Johanna Wallenius
(Stockholm School of Economics)

 

It Sucks to Be Single! Marital Status and Redistribution of Social Security

Abstract: In this paper, we study the labor supply effects and the redistributional consequences of the U.S. social security system. We focus particularly on auxiliary benefits, where eligibility is linked to marital status. To this end, we develop a dynamic, structural life cycle model of singles and couples, featuring uncertain marital status and survival. We account for the socio-economic gradients to both marriage stability and life expectancy. We find that auxiliary benefits have a large depressing effects on married women’s employment. Moreover, we show that a revenue neutral minimum benefit scheme would moderately reduce inequality relative to the current U.S. system.

joint with Max Groneck


We are looking forward to seeing you!

 

IHS Institute for Advanced Studies

Josefstädter Straße 39, 1080 Vienna, Austria

Tel.: +43 1 599 91 - 250

e-Mail: hanl-lohn@ihs.ac.at

http://www.ihs.ac.at

 

 

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JOINT VIENNA MACRO SEMINAR

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ECONOMICS SEMINARS

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JVI_2011

 

 

 

 

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