Chang, Yongsung; Kim, Sun-Bin; Kwon, Kyooho; Rogerson, … - In: American Economic Review 101 (2011) 3, pp. 476-81
We construct a family model of labor supply that features adjustment along both the intensive and extensive margin. Intensive margin adjsutment is restricted to two values: full-time work and part-time work. Using simulated data from the steady state of the calibrated model, we examine whether...