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The available estimates of the wage elasticity of male labor supply in the literature have varied between -0.2 and 0.2, implying that permanent wage increases have relatively small, poorly determined effects on labor supplied. The variation in existing estimates calls for a simple, natural...
Persistent link: https://www.econbiz.de/10010928337
The available estimates of the wage elasticity of male labor supply in the literature have varied between -0.2 and 0.2, implying that permanent wage increases have relatively small, poorly determined effects on labor supplied. The variation in existing estimates calls for a simple, natural...
Persistent link: https://www.econbiz.de/10008536813
The available estimates of the wage elasticity of male labor supply in the literature have varied between -0.2 and 0.2, implying that permanent wage increases have relatively small, poorly determined effects on labor supplied. The variation in existing estimates calls for a simple, natural...
Persistent link: https://www.econbiz.de/10005548191
This paper provides a theoretical analysis of optimal minimum wage policy in a perfectly competitive labor market. We show that a binding minimum wage while leading to unemployment is nevertheless desirable if the government values redistribution toward low wage workers and if unemployment...
Persistent link: https://www.econbiz.de/10005738600
This paper provides a theoretical analysis of optimal minimum wage policy in a perfectly competitive labor market. We show that a binding minimum wage while leading to unemployment is nevertheless desirable if the government values redistribution toward low wage workers and if unemployment...
Persistent link: https://www.econbiz.de/10011150165
This paper provides a theoretical analysis of optimal minimum wage policy in a perfectly competitive labor market. We show that a binding minimum wage while leading to unemployment is nevertheless desirable if the government values redistribution toward low wage workers and if unemployment...
Persistent link: https://www.econbiz.de/10005558670
equilibrium model with endogenous fertility, endogenous labor supply and endogenous size of government spending. Family policies … explain differences in household decisions between countries. The solution shows a U-shaped relationship between fertility and … gender discrimination. An increase in the discrimination level implies a related decrease in fertility, women's participation …
Persistent link: https://www.econbiz.de/10010738524
We analyze to which extent social inequality aversion differs across nations when control ling for actual country differences in labor supply responses. Towards this aim, we estimate labor supply elasticities at both extensive and intensive margins for 17 EU countries and the US. Using the same...
Persistent link: https://www.econbiz.de/10010933830
Natural experiments provide explicit and robust identifying assumptions for the estimation of treatment effects. Yet their use for policy design is often limited by the difficulty in extrapolating on the basis of reduced-form estimates of policy effects. On the contrary, structural models allow...
Persistent link: https://www.econbiz.de/10010933893
Persistent link: https://www.econbiz.de/10010928205