Showing 1 - 10 of 19
between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests … elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption …
Persistent link: https://www.econbiz.de/10010884371
Frisch elasticity. We estimate Frisch elasticity at around 0.38, which indicates fairly adjustable wages and little reaction …We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the … employed labor force has formal and stable jobs, we perform a fixed effects estimation as proposed by MaCurdy (1981) with a …
Persistent link: https://www.econbiz.de/10011212752
This paper provides estimates for the Mercosur countries of the Frisch elasticity – i.e., the elasticity of … substitution between worked hours and real wages holding constant the marginal utility of wealth. We find a strong heterogeneity …
Persistent link: https://www.econbiz.de/10009323386
concerned with the distribution of wages, earnings or income and have been performed by different strands in the literature … product of hourly wages and labor supply in terms of hours and weeks worked. In addition to inequality in labor market …
Persistent link: https://www.econbiz.de/10010889999
urban manufacturing firms. The impact of HIV on average wages is positive but imprecisely estimated. In contrast, HIV has a … large positive impact on the skill premium. The impact of HIV on the wages of low skilled workers is insignificantly …
Persistent link: https://www.econbiz.de/10011279281
elasticity. And, continuing past trends, women’s labor supply also became less responsive to their husbands’ wages. Between 1980 … observed in the 1980s, with an additional factor being that husbands’ real wages fell slightly in the 1980s but rose in the … and 2000, women’s own wage elasticity fell by 50 to 56 percent, while their cross wage elasticity fell by 38 to 47 percent …
Persistent link: https://www.econbiz.de/10005700946
The labor market differs from other markets in many respects. Most important is that those who supply labor also have to deliver it in person. It means firstly that the work environment and organization of work are important for those who deliver labor, since they are in the work place....
Persistent link: https://www.econbiz.de/10010700367
This paper describes IZAΨMOD, the policy microsimulation model of the Institute for the Study of Labor (IZA). The model uses household microdata from the German Socio-Economic Panel Study and firm data from the German linked employer-employee dataset LIAB. IZAΨMOD consists of three components:...
Persistent link: https://www.econbiz.de/10010990920
This paper examines to what extent non-random sorting of spouses affects earnings inequality while explicitly disentangling effects from increasing assortativeness in couple formation from changing patterns of couples' labor supply behavior. Using German micro data, earnings distributions of...
Persistent link: https://www.econbiz.de/10010959691
investigate the effect of increases in the Value Added Tax on labor supply and the income distribution in Germany, which is …
Persistent link: https://www.econbiz.de/10011212759