Search Results - subject:"Frisch elasticity"

Hours risk, wage risk, and life-cycle labor supply

Jessen, Robin; König, Johannes - 2018

We decompose permanent earnings risk into contributions from hours and wage shocks. In order to distinguish between hours shocks and labor supply reactions to wage shocks we use a life-cycle model of consumption and labor supply. Estimating our model with the Panel Study of Income Dynamics...

Persistent link: https://www.econbiz.de/10011911518

Publication and identification biases in measuring the intertemporal substitution of labor supply

Havránek, Tomáš; Horváth, Roman; Elminejad, Ali - 2021

Persistent link: https://www.econbiz.de/10012499849

Identifying key aspects of household behavior in a representative agent framework

Bechlioulis, Alexandros P.; Brissimis, Sophocles N. - In: Economic modelling 97 (2021), pp. 105-117

Persistent link: https://www.econbiz.de/10012793307

On the measurement of the elasticity of labour

Gottlieb, Charles; Onken, Joern; Valladares-Esteban, Arnau - In: European economic review : EER 139 (2021), pp. 1-16

Persistent link: https://www.econbiz.de/10013270145

Revisiting, from a Frischian point of view, the relationship between elasticities of intratemporal and intertemporal substitution

Biørn, Erik - 2017

How are substitution in the spatial and in the temporal sense connected? Can estimates based on data with spatial variation be transmitted into values appropriate for exploring temporal variation, and vice versa? This paper, building on, inter alia, Frisch (1959), attempts to give some...

Persistent link: https://www.econbiz.de/10011694191

Revisiting, from a Frischian point of view, the relationship between elasticities of intratemporal and intertemporal substitution

Biørn, Erik - 2017

Persistent link: https://www.econbiz.de/10011636063

Aggregation and labor supply elasticities

Kneip, Alois; Merz, Monika; Storjohann, Lidia - In: Journal of the European Economic Association : JEEA 18 (2020) 5, pp. 2315-2358

Persistent link: https://www.econbiz.de/10012318057

Consumption, reservation wages, and aggregate labor supply

Park, Choonsung - In: Review of economic dynamics 37 (2020), pp. 54-80

Persistent link: https://www.econbiz.de/10012652859

The effect of wealth on individual and household labor supply: Evidence from Swedish lotteries

Cesarini, David; Lindqvist, Erik; Notowidigdo, Matthew J.; … - 2015

We study the effect of wealth on labor supply using the randomized assignment of monetary prizes in a large sample of Swedish lottery players. We find winning a lottery prize modestly reduces labor earnings, with the reduction being immediate, persistent, and similar by age, education, and sex....

Persistent link: https://www.econbiz.de/10011442484

Revisiting the role of home production in life-cycle labor supply

Faberman, R. Jason - 2015

previous studies, ignoring an individual's time spent on home production when estimating the Frisch elasticity of labor supply … accounting all factors related to home production, I find that the "micro" Frisch elasticity is about 0.4 and the "macro" Frisch … elasticity, which accounts for extensive margin adjustments, is about 0.9. If I only account for an individual's own home …

Persistent link: https://www.econbiz.de/10011460659