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This paper focuses on the relationship between wages and supply of informal care to elderly parents. Unlike most of the … wave of the Health and Retirement Study, the results show that the wage elasticity of informal care supply is negative and … larger in magnitude than has been found previously. The lower bound of this elasticity is estimated to be -1.8 for males and …
Persistent link: https://www.econbiz.de/10009008848
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 …
Persistent link: https://www.econbiz.de/10010204508
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 …
Persistent link: https://www.econbiz.de/10010209188
Frisch elasticity. We estimate Frisch elasticity at around 0.38, which indicates fairly adjustable wages and little reaction …We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the … employed labor force has formal and stable jobs, we perform a fixed effects estimation as proposed by MaCurdy (1981) with a …
Persistent link: https://www.econbiz.de/10009664848
finding is especially strong on the extensive margin where the elasticity for a wage decrease is twice that for a wage …
Persistent link: https://www.econbiz.de/10011450669
Shortage of nurses is a problem in several countries. It is an unsettled question whether increasing wages constitute a …,638 individuals over 6 years totalling 69,122 observations. The estimated wage elasticity after controlling for individual …
Persistent link: https://www.econbiz.de/10013320347
Lohnveränderungen für die Zeitverwendung und das Arbeitsangebot von Paaren. Wir stellen ein Zeitverwendungsmodell auf, das wir anhand …
Persistent link: https://www.econbiz.de/10015048409
The uncompensated wage elasticity of labor supply is a fundamental parameter in economics. Despite its central role … supply elasticity using cross-sectional methods over the last four decades. We find robust evidence that the elasticities …
Persistent link: https://www.econbiz.de/10014334894
error from the Panel Study of Income Dynamics. I show there exists a large transitory component to wages, even after … measurement error and for measurement error that is correlated with true hours and wages. I find almost no correlation between …
Persistent link: https://www.econbiz.de/10014148408
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/10010194452