Showing 1 - 10 of 3,892
reform program that I analyze may have raised wages modestly … on wages. Furthermore, several recent analyses suggest that low-skill workers, such as welfare recipients, enjoy only … meager returns to experience, undermining the link between welfare reform and wages …
Persistent link: https://www.econbiz.de/10012467056
We provide new estimates of the separations elasticity, a proximate determinant of the labor supply facing a firm with … biased by mismeasured wages and use of wage variation unrelated to firm choices. We estimate the impact of the firm component …-experimental evidence, and that they are approximately 3 to 4 times larger that those using individual wages. Further, we find lower …
Persistent link: https://www.econbiz.de/10012481303
the micro level means that the aggregate labour supply elasticity is not a structural parameter: any aggregate elasticity …
Persistent link: https://www.econbiz.de/10012457352
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 …
Persistent link: https://www.econbiz.de/10012461228
assumptions about the long run effect of wages rates on labor supply. The available estimates of the wage elasticity of male labor … which men can change their hours of work, and in which wages have been exogenously and permanently changed. We introduce a … function. Our estimates suggest that the elasticity of labor supply is about -0.2, implying that income effects dominate …
Persistent link: https://www.econbiz.de/10012462909
We measure the impact of measurement error in labor-supply elasticities estimated over recalled usual work hours, as is ubiquitous in the literature. Employing hours of work in diaries collected by the American Time Use Survey, 2003-12, along with the same respondents' recalled usual hours, we...
Persistent link: https://www.econbiz.de/10012455760
In a seminal paper, Camerer, Babcock, Loewenstein, and Thaler (1997) find that the wage elasticity of daily hours of …
Persistent link: https://www.econbiz.de/10012458061
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
This paper investigates three hypotheses to account for the observed shifts in U.S. relative wages of less educated … inequality among these groups but it could have contributed to the decline in wages for the least educated. Instead, support is …
Persistent link: https://www.econbiz.de/10012472890
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self-reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
Persistent link: https://www.econbiz.de/10012458793