do not occur ceteris paribus. This makes it necessary to explicitly account for the demand and supply shocks underlying …

to the speculative demand for oil as well as shocks to the flow demand and flow supply. The forward-looking element of … an estimate of this elasticity based on shifts of the supply curve along the demand curve. We show that, even after …

-shock specification, we identify, using sign restrictions, two non-policy shocks, demand and supply, and two policy shocks, monetary and … fiscal. We obtain the following results. (ii) Both supply and demand shocks are important sources of fluctuations; supply …

workers can supply longer hours, we show that the equilibrium features positive assortative matching (higher skilled workers … market but supply longer hours on the job. This mechanism can explain why, as male wage inequality has increased in the US …, labor force participation of male workers of different skills has fallen while their working hours have increased. …

studies. We relate the results to the relevant level of female labour force participation. …

explore how such customs affect the educational investment decisions of young singles and the subsequent joint labour supply … educational investments and labour force participation based on matching regimes. …

inequality leads to more or less group participation. Using survey data from rural Tanzania we find that inequality at the … 'subjectively' defined. However, when we disaggregate groups by type of access rule, we find that inequality decreases participation … in open access groups when there are wide disparities at the bottom of the distribution, while it increases participation …

in wages and participation rates. Rather than resorting to moral hazard problems related to unobservable effort, like in … exacerbate lower female participation in the labour market. Hence, both effects lead to a gendered equilibrium with large gaps …

We analyze the determinants of participation (whether to study) and schooling (where and what to study) in a public … role for travel costs: they hardly affect the participation decisions, but have a strong impact on the schooling decisions …. In addition, high school background plays an important role in both the participation and schooling decisions. To …

We estimate a model of the joint participation and mobility along with the individuals' wage formation in France. Our …