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Einladung: WIFO Research Seminar zum Thema "Inequality and the Marriage Gap"
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Sehr geehrte Damen und Herren,
das WIFO lädt Sie herzlich zum nächsten Termin der Vortragsreihe WIFO Research Seminar ein:
Dienstsag, 28. Jänner 2020, 13:30 Uhr
WIFO, Kleiner Sitzungssaal
Nawid Siassi (TU Wien)
"Inequality and the Marriage Gap"
Kommentar: Walter Hyll (WIFO)
Abstract:
Marriage is one of the most important determinants of economic prosperity, yet most existing theories of inequality ignore the role of the family. This paper documents that the distributions of earnings and wealth are highly concentrated, even when disaggregated into single and married households. At the same time, there is a large marriage gap: married people earn on average 26 percent more income, and they hold 35 percent more net worth. To account for these facts, I develop a general equilibrium model where females and males face uninsurable income risk and make decisions on consumption-savings, labor supply and marriage formation. In a calibrated version of the model, I show that selection into marriage based on productive characteristics, an effective tax bonus for married couples, and stronger bequest motives for households with descendants are key to accounting for the marriage gap in earnings and wealth. A policy experiment of moving from joint tax filing for married couples to separate filing yields output gains and more marital sorting.
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Wir freuen uns, Sie zu diesem Vortrag am WIFO begrüßen zu dürfen!
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Agnes Kügler
WIFO – Österreichisches Institut für Wirtschaftsforschung
Arsenal, Objekt 20
1030 Wien
Tel.: +43 (1) 798 26 01-303
Fax: +43 (1) 798 93 86
Web: http://www.wifo.ac.at
E-Mail: Agnes.Kuegler@wifo.ac.at |
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