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This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and …-Economic Panel) provides an interesting perspective on how reservation wages change over time and how they correlate with accepted …
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Frisch elasticity. We estimate Frisch elasticity at around 0.38, which indicates fairly adjustable wages and little reaction …We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the … employed labor force has formal and stable jobs, we perform a fixed effects estimation as proposed by MaCurdy (1981) with a …
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In order to learn more about the wage elasticity of the teacher supply in Switzerland, this paper estimates wages for …-1999. The data allows us to estimate the wage elasticity for entry wages of upper secondary school teachers. In the cases … examined, the wage differential is highly significant and shows a wage elasticity for the teacher supply of 0.12% to 0 …
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how the magnitude of the estimated elasticities varies depending on whether net or gross wages and income are used in the … estimation procedure, and quantify biases caused by using average instead of marginal tax rates. Finally, because marginal tax … changes in their own or spouses' wages. …
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