between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests … elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption …

between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests … elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption …

that results are very sensitive to the treatment of hourly wages in the estimation. For example, different (sensible …) choices concerning the modeling of the underlying wage distribution and especially the imputation of (missing) wages lead to …

that results are very sensitive to the treatment of hourly wages in the estimation. For example, different (sensible …) choices concerning the modeling of the underlying wage distribution and especially the imputation of (missing) wages lead to …

estimates are extremely sensitive to the treatment of the wages a neglected dimension so far. We show that, e.g., the choice … between predicting wages for the full sample instead of using predicted wages only for non-workers two methods frequently used … increases labor supply elasticities by up to 100 percent. As a consequence, we propose a new estimation strategy which overcomes …

different wage groups. Yet, surprisingly constant wage elasticity estimates are maintained within certain wage groups over time …. In addition to those constant wage elasticity estimates, we find that the composition of working women into different … wage groups has changed considerably, resulting in shrinking wage elasticity estimates at the aggregate level. These …

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 …

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. -- labour supply ; elasticities ; labour force participation ; taxes ; Canada …

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 …

preferences, this is not so in the case of random utility models. Note that since the non-labor income elasticity is negative the … Slutsky equation implies that the compensated wage elasticity is higher than the uncompensated one. With a random utility … model we show empirically that in many cases the uncompensated wage elasticity is in fact the highest one. …