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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
choices in explaining the large variation in elasticity size observed across studies. While some recent studies show that …
Persistent link: https://www.econbiz.de/10010204509
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
response to benefit generosity, suggesting an elasticity of DI participation of 1.26. Additionally, we observe a smaller … employment response, with an estimated elasticity of -0.15. Our findings indicate that the receipt of DI is widely perceived as a …
Persistent link: https://www.econbiz.de/10014493869
Persistent link: https://www.econbiz.de/10003318044
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/10003611598
, shows that the extent of local linkages indeed generally reduces the wage elasticity of labour demand. This result is …
Persistent link: https://www.econbiz.de/10003522908
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