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 …

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 …

Frisch elasticity. We estimate Frisch elasticity at around 0.38, which indicates fairly adjustable wages and little reaction …We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the … employed labor force has formal and stable jobs, we perform a fixed effects estimation as proposed by MaCurdy (1981) with a …

how the magnitude of the estimated elasticities varies depending on whether net or gross wages and income are used in the … estimation procedure, and quantify biases caused by using average instead of marginal tax rates. Finally, because marginal tax … changes in their own or spouses' wages …

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 …

wages by examining the case of Canada. Previous studies from the US, using individual level data, have revealed that annual …

higher education graduates. On average, accepted wages are almost 8% higher than reservation wages, but there is no fixed …