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Netherlands, we predict an uncompensated labour supply elasticity of 0.1 and 0.5, respectively. These values are robust for … much of the variation in elasticities can be explained by the variation in gender, participation rates, and country fixed …. Even at the intensive margin, we find that the elasticity for women exceeds that for men. For men and women in the …
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Although discrete hours choice models have become the workhorse in labor supply analyses. Yet, they are often criticized for being a black box due to their numerous underlying modeling assumptions, with respect to, e.g., the functional form, unobserved error components or several exogeneity...
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A key parameter in structural models is the Frisch elasticity of labor supply at the extensive margin, but empirical …
Persistent link: https://www.econbiz.de/10012289655
Netherlands, we predict an uncompensated labour supply elasticity of 0.1 (or 0.2 if an alternative specification is preferred) and … much of the variation in elasticities can be explained by the variation in gender, participation rates, and country fixed …. Even at the intensive margin, we find that the elasticity for women exceeds that for men. For men and women in the …
Persistent link: https://www.econbiz.de/10011348713
Macroeconomic calibrations imply much larger labor supply elasticities than microeconometric studies. One prominent explanation for this divergence is that indivisible labor generates extensive margin responses that are not captured in micro studies of hours choices. We evaluate whether existing...
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