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Theoretical and practical arguments for modeling labor supply as a choice among latent jobs
Dagsvik, John K.; Jia, Zhiyang; Kornstad, Tom; … - 2012
paper we argue that practicality is not the only feature that can be addressed by means of stochastic choice theory. This … theory also offers a powerful framework for developing a more realistic model for labor supply choices, founded on …
Persistent link: https://www.econbiz.de/10009488981
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The supply of hours worked and fluctuations between growth regimes
Iong, Ka-Kit; Irmen, Andreas - 2021
Declining hours of work per worker in conjunction with a growing work force may give rise to fluctuations between growth regimes. This is shown in an overlapping generations model with two-period lived individuals endowed with Boppart-Krusell preferences (Boppart and Krusell (2020)). On the...
Persistent link: https://www.econbiz.de/10012499514
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Taxation and labor supply of married couples across countries : a macroeconomic analysis
Bick, Alexander; Fuchs-Schündeln, Nicola - 2017
. Through the lens of the model, taxes, together with wages and the educational composition, account for a significant part of …
Persistent link: https://www.econbiz.de/10011602475
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Technological progress, the supply of hours worked, and the consumption-leisure complementarity
Irmen, Andreas - 2018 - This Version: January 23, 2018
At least since 1870 hours worked per worker declined and real wages increased in many of today's industrialized … stylized facts. Technological progress drives real wages up and expands the amount of available consumption goods. Enjoying … progress moves a poor economy out of a regime with low wages and an inelastic supply of hours worked into a regime where wages …
Persistent link: https://www.econbiz.de/10011782121
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Low skill but high volatility?
Buch, Claudia M.; Pierdzioch, Christian - 2009
-skilled labor increases. This suppresses wages of low-skilled workers and/or increases their unemployment rates. On the other hand … for the years 1970 - 2004, we document how the volatility of hours worked and of wages of workers at different skill …
Persistent link: https://www.econbiz.de/10003850520
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Reservation wages and labor supply
Kesternich, Iris; Schumacher, Heiner; Siflinger, Bettina; … - 2020
Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012226766
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Earnings dynamics in Germany
Pessoa, Ana Sofia - 2021
normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …
Persistent link: https://www.econbiz.de/10012534545
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Public provision, commodity demand and hours of work : an empirical analysis
Pirttilä, Jukka; Suoniemi, Ilpo - 2010
Atkinson and Stiglitz (Journal of Public Economics 1976) show that when the government has access to non-linear income taxation and consumer preferences are separable between consumption and leisure, there is no need for differentiated commodity taxation. This paper examines the empirical...
Persistent link: https://www.econbiz.de/10003951573
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Working time reductions at the end of the career : do they prolong the time spent in employment?
Albanese, Andrea; Cockx, Bart; Thuy, Yannick - 2016
In this paper we study the effects on the survival rate in employment of a scheme that facilitates gradual retirement through working time reductions. We use information on the entire labour market career and other observables to control for selection and take dynamic treatment assignment into...
Persistent link: https://www.econbiz.de/10011414625
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Working time regulation, unequal lifetimes and fairness
Leroux, Marie-Louise; Ponthiere, Gregory - 2016
We examine the redistributive impact of working time regulations in an economy with unequal lifetimes. It is shown that uniform working time reductions, when uncompensated (i.e. constant hourly wage), can reduce inequalities in realized lifetime well-being between short-lived and long-lived...
Persistent link: https://www.econbiz.de/10011586259