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labor supply elasticities were small, recent work has identified three key reasons that the aggregate elasticity may be … estimates for aggregate labor supply. Third, structural estimation of responses along the extensive (i.e., employment) margin …
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-Verdoorn coefficient is jointly determined by the elasticity of factor substitution, labor supply elasticity, the profit share and the …
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A key parameter in structural models is the Frisch elasticity of labor supply at the extensive margin, but empirical …
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to misinterpret the implications of preference parameters for aggregate labor supply. Third, structural estimation of …
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