Battisti, Michele; Michaels, Ryan; Park, Choonsung - 2023
data, revealing a Frisch elasticity of around 0.5. A quasi-experimental approach that exploits only idiosyncratic variation …There is substantial variation in working time even within employer-employee matches, and yet estimates of the Frisch … elasticity of labor supply can be near zero. This paper proposes a tractable theory of earnings and working time to interpret …