labor supply elasticities were small, recent work has identified three key reasons that the aggregate elasticity may be …

choice increased demand elasticity faced by hospitals with regard to clinical quality and waiting time for an important … welfare. The elasticity of demand faced by hospitals increased post-reform, giving hospitals potentially large incentives to … increased demand elasticity. The results suggests greater choice can enhance quality …

ratio of the income elasticity of labor supply to the wage elasticity, holding fixed the degree of complementarity between … a calibration argument showing that a positive uncompensated wage elasticity, as found in most studies of labor supply …

the labor supply elasticity. Both a calibration procedure that uses modern assessments of the Frisch elasticity and the …

values, the elasticities of wages, prices, taxes, and government transfers with respect to national labor supplies, as well …

to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … prices affect fleet fuel economy through two channels: (1) shifting new auto purchases towards more fuel-efficient vehicles … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …