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Estimating labor-supply elasticities with joint borrowing constraints of couples

Bredemeier, Christian; Gravert, Jan; Jüßen, Falko - 2016

Estimates of Frisch labor-supply elasticities are biased in the presence of borrowing constraints. We show that this estimation bias is less pronounced for secondary than for primary earners. The reason is that, in households with two earners and joint borrowing constraints, wage-rate...

Persistent link: https://www.econbiz.de/10011543948

Accounting for limited commitment between spouses when estimating labor-supply elasticities

Bredemeier, Christian; Gravert, Jan Hendrik; Jüßen, Falko - 2021

The Frisch elasticity of labor supply can be estimated by regressing hours worked on the hourly wage rate, controlling for consumption of the individual worker. However, most household panel surveys contain consumption information only at the household level. We show that proxying individual...

Persistent link: https://www.econbiz.de/10012493758

Potential unemployment insurance duration and labor supply : the individual and market-level response to a benefit cut

Johnston, Andrew; Mas, Alexandre - 2020

We examine how a 16-week cut in potential unemployment insurance (UI) duration in Missouri affected search behavior of … estimates to simulate the unemployment rate assuming no market-level externalities. The simulated response, which implies almost … a one percentage point decline in the unemployment rate, closely approximates the estimated change in the unemployment …

Persistent link: https://www.econbiz.de/10012233084

The effect of unemployment benefits on the duration of unemployment insurance receipt : new evidence from a regression kink design in Missouri, 2003-2013

Card, David E.; Johnston, Andrew; Leung, Pauline; Mas, … - 2020

We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment …

Persistent link: https://www.econbiz.de/10012236713