The aggregate Frisch elasticity of labor supply has played a key role in business cycle analysis. This paper develops a … or paid wages are subject to an unanticipated temporary change, we can derive an analytical expression for the aggregate … Frisch elasticity and illustrate its main components: (i) the intensive and extensive adjustment of hours worked, (ii) the …

-static reservation wages using panel data from Germany from 1987 to 1998. The results suggest that reservation wages are relatively high … in Germany compared to other countries. Furthermore, pooled regression results show that most recent wages and personal …This paper investigates the reservation wages of unemployed persons on the basis of a job-search model with non …

This paper studies the reservation wages of unemployed persons and the wages offered them in Germany from 1987 to 1998 … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reservation … wages to offered wages increase rapidly with duration of unemployment; on average, reservation wages begin to exceed offered …

This paper focuses on the relationship between wages and supply of informal care to elderly parents. Unlike most of the … 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 …

Labour Dynamics in Australia (HILDA) Survey. Estimation of this elasticity is of particular interest not only in its own …In this paper we estimate the elasticity of the labour supply to a firm, using data from the Household, Income and … intuition is that, where workers have heterogeneous preferences or face mobility costs, firms can offer lower wages without …

should be higher, about 2.2. Together with prior estimates of the quit elasticity these results imply that wages are 72 77 … offered wage, but there is very little research on this. This paper presents a methodology for estimating the wage elasticity … of recruitment and applies it to German data. Our estimates of the wage elasticity of recruitment are about 1.4. We also …

Due to labor market reforms in Germany some years ago, the incentives to work changed. The paper analyzes the effects … on the reservation wages for specific groups. It is assumed that reservation wages are determined by the replacement … model for Germany. It turns out that the replacement rates increased in the period 1950 to 1975. Thereafter, the rates for …

income taxation on the ratio between reservation and net market wages. Based on micro data for Germany (SOEP) we show that …This paper extends previous research about the determinants of reservation wages by analysing the effect of progressive … joint income taxation in Germany which discriminates by marital status, has a strong and highly significant impact on the …