Showing 1 - 10 of 177
increased until the labor demand is unitary elastic. Rather, there exists a critical value of elasticity of labor demand so that …
Persistent link: https://www.econbiz.de/10013316718
increased to a level where the labor demand is unitary elastic. Rather, there exists a critical value of elasticity of labor …
Persistent link: https://www.econbiz.de/10012779195
We consider an economy where individuals privately choose effort and trade competitively priced securities that pay off with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then standard functional form restrictions ensure that...
Persistent link: https://www.econbiz.de/10013071425
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...
Persistent link: https://www.econbiz.de/10013122959
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
We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the … Frisch elasticity. We estimate Frisch elasticity at around 0.38, which indicates fairly adjustable wages and little reaction … of hours of work to wage variations. Moreover, we find that the Frisch elasticity is decreasing in income and tended to …
Persistent link: https://www.econbiz.de/10013097875
Motivated by the observation that access to evasion opportunities is distributed heterogeneously across the labor market, this paper examines the extent to which labor supply elasticities with respect to tax rates depend on such evasion opportunities. We first discuss the channels through which...
Persistent link: https://www.econbiz.de/10013099103
a variety of migration elasticity assumptions. Key outputs from the simulation include the impact of tax …
Persistent link: https://www.econbiz.de/10013099765
We suggest the first large-scale international comparison of labor supply elasticities for 17 European countries and the US, separately by gender and marital status. Measurement differences are netted out by using a harmonized empirical approach and comparable data sources. We find that own-wage...
Persistent link: https://www.econbiz.de/10013103467
We evaluate price subsidies and tax credits for child care. We focus on partnered women's labor supply, household income and welfare, demand for formal and informal child care and government expenditure. Using Australian data, we estimate a joint, discrete structural model of labor supply and...
Persistent link: https://www.econbiz.de/10013104958