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uncompensated interest rate elasticity for savings, in line with the literature, to around zero. Accordingly, any policy …. -- Consumption-savings decision ; interest rate elasticity of savings ; income uncertainty …
Persistent link: https://www.econbiz.de/10009261306
This paper exploits discontinuities induced by earnings caps for social security contributions (SSC) in Germany to analyse the effect of SSC on gross labour earnings. Empirical evidence is based on two complementary approaches utilising two administrative data sets. First, employment responses...
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In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income … respondents to be controlled. The approach gives straightforward evidence: Obviously there is an optimal elasticity at which …
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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/10013137788
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/10013138270
labor supply elasticity. For this purpose, we extend the standard labor market matching model to allow for endogenous … 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/10013119024