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The Effects of the 1.03 million yen Ceiling in a Dynamic Labor Supply Model
Title: | The Effects of the 1.03 million yen Ceiling in a Dynamic Labor Supply Model |
Authors: | Abe, Yukiko Browse this author →KAKEN DB |
Keywords: | 1.03 million yen ceiling | Part-time work | Dynamic labor supply model |
Issue Date: | Apr-2009 |
Publisher: | Wiley-Blackwell |
Journal Title: | Contemporary Economic Policy |
Volume: | 27 |
Issue: | 2 |
Start Page: | 147 |
End Page: | 163 |
Publisher DOI: | 10.1111/j.1465-7287.2008.00115.x |
Abstract: | In this paper I examine the e ects of a means-tested transfer system in Japan (“1.03 million yen ceiling”) in a dynamic labor supply model with endogenous retirement. In Japan, married women have reason to limit their annual earnings to no more than 1.03 million yen in order to receive a number of benefits available to low-income wives, and in fact often choose to do so. In a dynamic model, the optimal labor supply schedule follows a pattern that is not seen in a static framework, which I call the “spillover e ect.” The paper also examines the properties of dynamic welfare cost of this ceiling. |
Rights: | This is the accepted version of the following article: THE EFFECTS OF THE 1.03 MILLION YEN CEILING IN A DYNAMIC LABOR SUPPLY MODEL, which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/j.1465-7287.2008.00115.x/citedby . |
Type: | article (author version) |
URI: | http://hdl.handle.net/2115/58492 |
Appears in Collections: | 経済学院・経済学研究院 (Graduate School of Economics and Business / Faculty of Economics and Business) > 雑誌発表論文等 (Peer-reviewed Journal Articles, etc)
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Submitter: 安部 由起子
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