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labor supply elasticities were small, recent work has identified three key reasons that the aggregate elasticity may be …
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labor supply elasticities were small, recent work has identified three key reasons that the aggregate elasticity may be …
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The response of aggregate labor supply to various changes in the economic environment is central to many economic issues, including the optimal design of tax policies. Whereas the earlier literature often concluded that aggregate labor supply elasticities were small, we argue that recent work...
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