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of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … supply to individual hospitals is quite inelastic, with short-run elasticity around 0.1. We also find that non-VA hospitals … responded to the VA wage change by changing their own wages …
Persistent link: https://www.econbiz.de/10012471532
provinces. We examine monthly data on employment, wages, and hours across 8 industries and 10 provinces over the 1961- 1975 … period. We find that employment actually rose after the introduction of NHI; wages increased as well, while average hours …
Persistent link: https://www.econbiz.de/10012474351
of the largest on-demand labor platforms, Amazon Mechanical Turk (MTurk), by measuring the elasticity of labor supply … facing the requester (employer) using both observational and experimental variation in wages. We isolate plausibly exogenous …
Persistent link: https://www.econbiz.de/10012453298
This paper introduces a new methodology for the estimation of demand trade elasticities based on an import intensity …
Persistent link: https://www.econbiz.de/10012460945
This paper emphasizes the role of wage growth in shaping work incentives. It provides an analytical framework for labor supply in the presence of a return to labor market experience and aggregate productivity growth. A key finding of the theory is that there is an interaction between these two...
Persistent link: https://www.econbiz.de/10012463533
second moments of the joint distribution over individual wages, consumption and hours …
Persistent link: https://www.econbiz.de/10012464971
This dataset shows the proportion of earnings that are lost to either higher taxes or lower benefit entitlements when a jobless person takes up employment. It is commonly referred to as "Participation Tax Rate (PTR)" as it measures financial disincentives to participate in the labour market....
Persistent link: https://www.econbiz.de/10013377634
This paper surveys new methods for estimatifg labor supply functions. A unified framework of analysis is presented. All recent models of labor supply are special cases of a general index function model developed for the analysis o dummy endogenous variables
Persistent link: https://www.econbiz.de/10012478253
We exploit state variation in licensing laws to study the effect of licensing on occupational choice using a boundary discontinuity design. We find that licensing reduces equilibrium labor supply by an average of 17%-27%. The negative labor supply effects of licensing appear to be strongest for...
Persistent link: https://www.econbiz.de/10012480913
mixed evidence that higher wages contributed to the decline in hours worked over the last several decades …
Persistent link: https://www.econbiz.de/10012481292