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Persistent link: https://www.econbiz.de/10013534476
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in micro and macro estimates are recently attributed to frictions and adjustment costs, we show that relatively low labor supply elasticities derived from microeconometric models can also be...
Persistent link: https://www.econbiz.de/10010379275
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in estimates especially between micro and macro models are recently attributed to frictions and adjustment costs, we show that the variation in elasticities derived from structural labor...
Persistent link: https://www.econbiz.de/10011820320
In the context of certain dynamic models, it is possible to infer the elasticity of labor supply to the firm from the … elasticity of the quit rate with respect to the wage. Using this property, we estimate the average labor supply elasticity to … schedules to instrument for actual salary. Instrumental variables estimates lead to a labor supply elasticity estimate of about …
Persistent link: https://www.econbiz.de/10003872702
care prices for children in different age ranges and we calculate regional child care prices based upon child …-level information. The salient finding is that child care prices do have statistically significant effects on mothers' labour supply and …
Persistent link: https://www.econbiz.de/10008806453
Persistent link: https://www.econbiz.de/10003554975
assumptions about the long run effect of wage 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/10003942237
In this paper we estimate the elasticity of the labour supply to a firm, using data from the Household, Income and … Labour Dynamics in Australia (HILDA) Survey. Estimation of this elasticity is of particular interest not only in its own … immediately losing their workforce. This is in contrast to the perfectly competitive extreme, in which the elasticity is infinite …
Persistent link: https://www.econbiz.de/10009006990
wave of the Health and Retirement Study, the results show that the wage elasticity of informal care supply is negative and … larger in magnitude than has been found previously. The lower bound of this elasticity is estimated to be -1.8 for males and … -3.6 for females. Additional findings suggest that the wage elasticity of informal care supply differs by the type of …
Persistent link: https://www.econbiz.de/10009008848
In this paper, we estimate income- and substitution- labour supply and participation elasticities for Canadian married women using data from the Survey of Labour and Income Dynamics 1996-2005. We use the Canadian Tax and Credit Simulator (CTaCS) and detailed information on the structure of...
Persistent link: https://www.econbiz.de/10009533360