Showing 1 - 10 of 2,196
should be higher, about 2.2. Together with prior estimates of the quit elasticity these results imply that wages are 72 77 … offered wage, but there is very little research on this. This paper presents a methodology for estimating the wage elasticity … of recruitment and applies it to German data. Our estimates of the wage elasticity of recruitment are about 1.4. We also …
Persistent link: https://www.econbiz.de/10014242734
wages and decreases in employment. The low-skilled local labor demand elasticity is estimated to be above 1, which in the … only binding in certain states. This has been used in previous literature to evaluate the effects of minimum wages on … findings of this previous literature. The model shows that the introduction of minimum wages can lead to an increase or a …
Persistent link: https://www.econbiz.de/10013012806
difference in the wage elasticity of labour demand persists even when we control for the skill intensity of firms or their level … multinational firms protects against strong fluctuations in labour demand. Overall, our results suggest that the wage elasticity of …
Persistent link: https://www.econbiz.de/10013096440
This paper focuses on the relationship between wages and supply of informal care to elderly parents. Unlike most of the … wave of the Health and Retirement Study, the results show that the wage elasticity of informal care supply is negative and … larger in magnitude than has been found previously. The lower bound of this elasticity is estimated to be -1.8 for males and …
Persistent link: https://www.econbiz.de/10013137788
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/10013097875
how the magnitude of the estimated elasticities varies depending on whether net or gross wages and income are used in the … estimation procedure, and quantify biases caused by using average instead of marginal tax rates. Finally, because marginal tax … changes in their own or spouses' wages …
Persistent link: https://www.econbiz.de/10013109426
The aggregate Frisch elasticity of labor supply has played a key role in business cycle analysis. This paper develops a … or paid wages are subject to an unanticipated temporary change, we can derive an analytical expression for the aggregate … Frisch elasticity and illustrate its main components: (i) the intensive and extensive adjustment of hours worked, (ii) the …
Persistent link: https://www.econbiz.de/10013073510
In a seminal paper, Camerer, Babcock, Loewenstein, and Thaler (1997) find that the wage elasticity of daily hours of …
Persistent link: https://www.econbiz.de/10013045044
Labour Dynamics in Australia (HILDA) Survey. Estimation of this elasticity is of particular interest not only in its own …In this paper we estimate the elasticity of the labour supply to a firm, using data from the Household, Income and … intuition is that, where workers have heterogeneous preferences or face mobility costs, firms can offer lower wages without …
Persistent link: https://www.econbiz.de/10013138270
-sectional heterogeneity of establishments' average real wages over the business cycle. While the median establishments' real wages are … procyclical, there is a large fraction of establishments with countercyclical real wages. We are the first to show that … establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow …
Persistent link: https://www.econbiz.de/10012946571