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What do participation fluctuations tell us about labor supply elasticities?

Häfke, Christian; Reiter, Michael - 2011

participation. A model that is calibrated to replicate the variability of unemployment and participation, and the negative … correlation of unemployment and GDP, implies an aggregate labor supply elasticity along the extensive margin of around 0.3 for men …

Persistent link: https://www.econbiz.de/10009516939

Endogenous labor market participation and the business cycle

Häfke, Christian (contributor); Reiter, Michael (contributor) - 2006

Existing models of equilibrium unemployment with endogenous labor market participation are complex, generate … procyclical unemployment rates and cannot match unemployment variability relative to GDP. We embed endogenous participation in a … variabilities but also generates strongly countercyclical unemployment rates. With some wage rigidity the model also matches …

Persistent link: https://www.econbiz.de/10003297703

What explains the growing gender education gap? : the effects of parental background, the labor market and the marriage market on college attainment

Eḳshṭain, Tsevi; Keane, Michael P.; Lifshitz, Osnat - 2023

In the 1960 cohort, American men and women graduated from college at the same rate, and this was true for Whites, Blacks and Hispanics. But in more recent cohorts, women graduate at much higher rates than men. To understand the emerging gender education gap, we formulate and estimate a model of...

Persistent link: https://www.econbiz.de/10014429906

Wage rigidity and job creation

Häfke, Christian (contributor); Sonntag, Marcus (contributor) - 2008

Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume … jobs. This form of wage rigidity does not affect job creation and thus cannot explain the unemployment volatility puzzle …

Persistent link: https://www.econbiz.de/10003759253

Long live the vacancy

Häfke, Christian; Reiter, Michael - 2020

joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …

Persistent link: https://www.econbiz.de/10012288522

Fiscal sustainability and demographic change : a micro approach for 27 EU countries

Dolls, Mathias; Doorley, Karina; Paulus, Alari; … - 2015

The effect of demographic change on the labor force and on fiscal revenues is topical in light of potential pension shortfalls. This paper evaluates the effect of demographic changes between 2010 and 2030 on labor force participation and government budgets in the EU-27. Our analysis involves the...

Persistent link: https://www.econbiz.de/10011449292

Caught in the trap? : the disincentive effect of social assistance

Bargain, Olivier; Doorley, Karina - 2009

While financial incentives usually have a significant effect on the labor supply of married women and single mothers, the evidence about the participation elasticity of childless singles, and single males especially, is more scant. This is, however, important in countries like France and...

Persistent link: https://www.econbiz.de/10003879326

Dynamic female labor supply

Eḳshṭain, Tsevi; Lifshitz, Osnat - 2009

The increase in female employment and participation rates is one of the most dramatic economic changes to have taken place during the last century. However, while the employment rate of married women more than doubled during the last fifty years, that of unmarried women remained almost constant....

Persistent link: https://www.econbiz.de/10003910297

Household interaction and the labor supply of married women

Eḳshṭain, Tsevi; Lifshitz, Osnat - 2012

Changing social norms, as reflected in the interactions between spouses, are hypothesized to affect the employment rates of married women. A model is built in order to estimate this effect, in which the employment of married men and women is the outcome of an internal household game. The type of...

Persistent link: https://www.econbiz.de/10009679814

Wage rigidity and job creation

Häfke, Christian; Sonntag, Marcus; Rens, Thijs van - 2012

Persistent link: https://www.econbiz.de/10009562307