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Steady-state labor supply elasticities: A survey
Bargain, Olivier; Peichl, Andreas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
choices in explaining the large variation in elasticity size observed across studies. While some recent studies show that … focus here on time changes and estimation methods as key contributors of the differences across studies. Both factors can … the Hausman estimation approach to discrete-choice models with tax-benefit simulations). Meta-analysis evidence suggests …
Persistent link: https://www.econbiz.de/10010957757
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Labor Supply Elasticities in Europe and the US
Bargain, Olivier; Orsini, Kristian; Peichl, Andreas - Institute for the Study of Labor (IZA) - 2011
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/10009151029
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Steady-state labor supply elasticities: A survey
Bargain, Olivier; Peichl, Andreas - 2013
choices in explaining the large variation in elasticity size observed across studies. While some recent studies show that … focus here on time changes and estimation methods as key contributors of the differences across studies. Both factors can … the Hausman estimation approach to discrete-choice models with tax-benefit simulations). Meta-analysis evidence suggests …
Persistent link: https://www.econbiz.de/10010324136
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Comparing Labor Supply Elasticities in Europe and the US: New Results
Bargain, Olivier; Orsini, Kristian; Peichl, Andreas - Institute for the Study of Labor (IZA) - 2012
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/10011252285
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On Modeling Household Labor Supply with Taxation
Bargain, Olivier - 2005
consistent with economic theory. The general model we suggest may provide future research with an interesting setting to test …
Persistent link: https://www.econbiz.de/10010262185
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On modeling household labor supply with taxation
Bargain, Olivier - 2007
Discrete choice models of labor supply easily account for nonlinearty and nonconvexity in budget sets caused by tax-benefit systems. As a result, they have become very popular for ex ante evaluations of policy reforms. In this paper, we question whether the degree of flexibility and the implicit...
Persistent link: https://www.econbiz.de/10010272362
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Overtime work, dual job holding and taxation
Frederiksen, Anders; Krogh Graversen, Ebbe; Smith, Nina - 2001
Traditionally, labour supply data do not include much information on hours and wages in secondary job or overtime work …. In this paper, we estimate labour supply models based on survey information on hours and wages in overtime work and … second job wages. However, when the model allows for stigmatization effects and unobserved fixed costs of work in second job …
Persistent link: https://www.econbiz.de/10001610718
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From Individual to Aggregate Labor Supply : A Quantitative Analysis Based on a Heterogeneous-Agent Macroeconomy
Chang, Yongsung; Kim, Sun-bin - 2012
-agent model with incomplete market. Heterogeneity of the workforce is designed such that the evolution of wages, worker flows … the aggregate labor-supply elasticity of such an economy is around 1, bigger than micro estimates but smaller than those …
Persistent link: https://www.econbiz.de/10014113517
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A Shred of Credible Evidence on the Long Run Elasticity of Labor Supply
Ashenfelter, Orley - 2010
assumptions about the long run effect of wage rates on labor supply. The available estimates of the wage elasticity of male labor … which men can change their hours of work, and in which wages have been exogenously and permanently changed. We introduce a … function. Our estimates suggest that the elasticity of labor supply is about -0.2, implying that income effects dominate …
Persistent link: https://www.econbiz.de/10013146829
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Reconciling Micro and Macro Estimates of the Frisch Labor Supply Elasticity
Peterman, William B. - 2013
There are large differences between the microeconometeric estimates of the Frisch labor supply elasticity (0-0.5) and … Frisch are typically estimated by regressing changes in hours on changes in wages conditional on the individual being a … aggregate hours and wages from the whole population over time. This paper aims to explain the gap by estimating an aggregate …
Persistent link: https://www.econbiz.de/10013088973