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The Elasticity of Labor Demand and the Optimal Minimum Wage
Danziger, Leif - 2006
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
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Social Responsibility in Market Interaction
Irlenbusch, Bernd - 2015
A recent debate raises the question whether market interaction erodes social responsibility. In an experiment, we disentangle three major characteristics of market interaction, diffusion of responsibility, social information, and market framing, and provide evidence for how these characteristics...
Persistent link: https://www.econbiz.de/10013016248
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In Absolute or Relative Terms? How Framing Prices Affects the Consumer Price Sensitivity of Health Plan Choice
Schmitz, Hendrik - 2012
plans and (b) how the price elasticity of demand for health insurance can be influenced by policymakers through simple … find that the reform led to a sixfold increase in an individual's switching probability and a threefold demand elasticity …
Persistent link: https://www.econbiz.de/10013113068
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When the Baby Cries at Night : Inelastic Buyers in Non-Competitive Markets
Calzolari, Giacomo - 2014
We investigate empirically how sellers react to changes in the population of their consumers, identifying the effects of demand composition and demand size with limited information on costs. We show how pharmacists in Italy selectively increase the price of some products when they observe in...
Persistent link: https://www.econbiz.de/10013046241
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Labor Informality and Market Segmentation in Senegal
Rodríguez-Castelán, Carlos; Vazquez, Emmanuel Jose - 2022
Understanding the selection of workers into informality is a policy priority to design programs to increase formalization across Sub-Saharan Africa, where nine out of ten workers are informal. This paper estimates a model of self-selection with entry barriers into the formal sector to identify...
Persistent link: https://www.econbiz.de/10014076712
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Taking Time Use Seriously : Income, Wages and Price Discrimination
Hamermesh, Daniel S. - 2018
Zeitverwendungserhebung, 2012-13, have sufficient observations to allow examining the theory of household production in much more detail than …
Persistent link: https://www.econbiz.de/10012906476
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Loan Regulation and Child Labor in Rural India
Dasgupta, Basab - 2014
We study the impact of loan regulation in rural India on child labor with an overlapping-generations model of formal and informal lending, human capital accumulation, adverse selection, and differentiated risk types. Specifically, we build a model economy that replicates the current outcome with...
Persistent link: https://www.econbiz.de/10013065087
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The Own-Wage Elasticity of Labor Demand : A Meta-Regression Analysis
Lichter, Andreas - 2014
. Building on 942 elasticity estimates from 105 different studies, we identify sources of variation in the absolute value of this … elasticity. Heterogeneity due to the theoretical and empirical specification of the labor demand model, different datasets used … evidence for the presence of publication selection bias, as estimates of the own-wage elasticity of labor demand are upwardly …
Persistent link: https://www.econbiz.de/10013058312
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The 'Soda Tax' is Unlikely to Make Mexicans Lighter : New Evidence on Biases in Elasticities of Demand for Soda
Andalon, Mabel - 2017
own-price elasticity of quantity demand for soda of between −1.0 and −1.3. These estimates ignore consumer responses on … prices to estimate unrestricted demand models that correct for both errors. The corrected own-price elasticity of quantity …
Persistent link: https://www.econbiz.de/10012956015
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Tax Elasticity of Border Sales : A Meta-Analysis
Dat Huynh; Sokolova, Anna; Tosun, Mehmet Serkan - 2022
advantage of tax differentials. The extent of this activity can be captured by the tax elasticity of border sales (TEBS). We …
Persistent link: https://www.econbiz.de/10014030045