Booth, Alison L.; Katic, Pamela - Institut zur Zukunft der Arbeit <Bonn> - 2010
In this paper we estimate the elasticity of the labour supply to a firm, using data from theHousehold, Income and … monopsonisticallycompetitive labour markets is that labour supply to a firm is imperfectly elastic with respect tothe wage rate. The intuition is … the labour supply to a firm. We find that the Australian wageelasticity of labour supply to a firm is around 0.71, only …