Fiorito, Riccardo; Zanella, Giulio - Dipartimento del Tesoro, Ministero dell'Economia e …
In this paper we compare, in a fully consistent manner, micro and macro labor supply elasticities. The individual elasticity is obtained from the Panel Study of Income Dynamics (PSID). The aggregate, time-series, elasticity is estimated from the aggregation of individual units in the PSID for...