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Does competition in the labor market affect wage inequality? Standard textbook monopsony models predict that lower employer labor market power reduces wage dispersion. We test this hypothesis using Social Security data from Lithuania. We first fit a two-way fixed effects model to quantify the...
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and labor productivity, with causality running from the former to the latter. Empirical research has affirmed such a …-Verdoorn coefficient is jointly determined by the elasticity of factor substitution, labor supply elasticity, the profit share and the …
Persistent link: https://www.econbiz.de/10012216005
. 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 …
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about how the coordination of hours among heterogenous coworkers affects pay, productivity and labor supply. In this paper … between wages, productivity and the degree of hours coordination - measured as the dispersion of hours - within firms. We then … coordination is associated with attenuated labor supply elasticity and spillovers on coworkers not directly affected by the tax …
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We study the elasticity of taxable labour income in the Netherlands. We use a large and rich data set, including both … marginal tax rates at different segments of the income distribution. For all workers, we find an elasticity of 0.10 in the … find that the elasticity is higher for higher incomes and women. Also, we find that the elasticity of taxable labour income …
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