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. Even at the intensive margin, we find that the elasticity for women exceeds that for men. For men and women in the … Netherlands, we predict an uncompensated labour supply elasticity of 0.1 and 0.5, respectively. These values are robust for …
Persistent link: https://www.econbiz.de/10012783322
We measure the impact of measurement error in labor-supply elasticities estimated over recalled usual work hours, as is ubiquitous in the literature. Employing hours of work in diaries collected by the American Time Use Survey, 2003-12, along with the same respondents' recalled usual hours, we...
Persistent link: https://www.econbiz.de/10012977338
model are comparable to those in the micro data. We find that the aggregate labor supply elasticity of such an economy is …
Persistent link: https://www.econbiz.de/10013097127
Traditionally, labor supply data do not include much information on hours and wages in secondary job or overtime work …. In this paper, we estimate labor supply models based on survey information on hours and wages in overtime work and second … 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/10013320901
We utilise repeated cross sections of micro data from several countries, available from the Luxembourg Income Study, LIS, to estimate labour supply elasticities, both at the intensive and extensive margin. The benefit of the data is that it spans over four decades and includes a large number of...
Persistent link: https://www.econbiz.de/10013045921
The empirical values of the response of labor supply to changes in wages, taxes, fertility, family structure and social … the variations in estimates due to changes in statistical methods or do not seem to be very important. Thus, the wage-elasticity …
Persistent link: https://www.econbiz.de/10014167773
There is a long standing controversy over the magnitude of the Frisch labor supply elasticity. Macro economists using … of the OLS bias, which is negative. As a result, Frisch elasticity estimates near zero appear (spuriously) precise, while … positive Frisch elasticity. Fortunately, the Anderson-Rubin (AR) test does not su ff er from this power asymmetry problem. The …
Persistent link: https://www.econbiz.de/10014087503
Despite numerous studies on labor supply, the size of elasticities is rarely comparable acrosscountries. In this paper, we suggest the first large-scale international comparison ofelasticities, while netting out possible differences due to methods, data selection and theperiod of investigation....
Persistent link: https://www.econbiz.de/10009353902
In-work transfers are often seen as a good trade-off between redistribution and efficiency, as they alleviate poverty among low-wage households while increasing financial incentives to work. The present study explores the consequences of extending these transfers in Ireland, where support for...
Persistent link: https://www.econbiz.de/10010269408
This paper deals with discrete labour supply decisions of different groups of persons in response to a change in net wage rates. The centrepiece of this approach is individuals' switching between working time categories, while facing switching costs that arise when people expand or reduce...
Persistent link: https://www.econbiz.de/10010374437