Löffler, Max; Peichl, Andreas; Siegloch, Sebastian - 2013 - Work in progress, This version: February 27, 2013
Although discrete hours choice models have become the workhorse in labor supply analyses. Yet, they are often … labor supply elasticities. In total we estimate 2,219 different model specifications. Our results show that the … increases labor supply elasticities by up to 100 percent. As a consequence, we propose a new estimation strategy which overcomes …