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Persistent link: https://www.econbiz.de/10013534476
This paper argues that the conventional definition of the elasticity of complementarity is not well suited to deal with … definition of the elasticity of substitution. …
Persistent link: https://www.econbiz.de/10011337999
This study aims to explain the variation in empirical estimates in the literature on the elasticity of foreign direct … appears to significantly affect the elasticity values. …
Persistent link: https://www.econbiz.de/10011346456
. Even at the intensive margin, we find that the elasticity for women exceeds that for men. For men and women in the … Netherlands, we predict an uncompensated labour supply elasticity of 0.1 (or 0.2 if an alternative specification is preferred) and …
Persistent link: https://www.econbiz.de/10011348713
Persistent link: https://www.econbiz.de/10003233519
elasticity of revenues with respect to the tax rate over a ten-year period is -0.5 to -0.3, indicating that capital gains tax …
Persistent link: https://www.econbiz.de/10012481253
assumptions about the long run effect of wages rates on labor supply. The available estimates of the wage elasticity of male labor … 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
to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … prices affect fleet fuel economy through two channels: (1) shifting new auto purchases towards more fuel-efficient vehicles … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …
Persistent link: https://www.econbiz.de/10012464197
One of the most important behavioral parameters in macroeconomics is the elasticity of intertemporal substitution (EIS …
Persistent link: https://www.econbiz.de/10012466726
By reducing risk of large out-of-pocket medical expenses, comprehensive social health insurance may reduce households' motivation to engage in precautionary behaviors such as saving, procurement of private insurance, and spousal labor-force participation. We use the natural experiment provided...
Persistent link: https://www.econbiz.de/10012469309