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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
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
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
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
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
-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
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
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
. The participation own-wage elasticity is largest (0.77) for women with low education married to men with low education …-labor family income elasticity is small. We also find that participation cross-wage elasticities for married women are relatively … educated men. Allowing for heterogeneity across couples yields an overall participation wage elasticity of 0.56, a cross wage …
Persistent link: https://www.econbiz.de/10010412343
We extend the scarce evidence on labor supply in post-transition countries by estimating the wage elasticity of labor …, such as in the Czech Republic, tends to be less sensitive to wages …
Persistent link: https://www.econbiz.de/10003778446