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choices in explaining the large variation in elasticity size observed across studies. While some recent studies show that …
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, with an average at eight percent. The estimated elasticity of earnings respect to net-of-tax rate – accounting for … heterogeneous adjustment costs – is 0.2, which is double the size of the elasticity estimated with no adjustment costs. To …
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: the intergenerational earnings elasticity (IGE) and the intergenerational correlation (IGC). Over the period, the IGE …
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There is still considerable dispute about the magnitude of labor supply elasticities. While differences in estimates especially between micro and macro models are recently attributed to frictions and adjustment costs, we show that the variation in elasticities derived from structural labor...
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price elasticity of remittances is around 0.4. While most studies have examined the impact of remittances on the real …
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Despite numerous studies on labor supply, the size of elasticities is rarely comparable across countries. In this paper, we suggest the first large-scale international comparison of elasticities, while netting out possible differences due to methods, data selection and the period of...
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response to benefit generosity, suggesting an elasticity of DI participation of 1.26. Additionally, we observe a smaller … employment response, with an estimated elasticity of -0.15. Our findings indicate that the receipt of DI is widely perceived as a …
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