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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
A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite … inter-war period, we are able to estimate the elasticity of supply to the firm during several recessions and expansions. Our … analysis suggests that the elasticity is indeed lower during recessions, consistent with the comparative statics from the …
Persistent link: https://www.econbiz.de/10013120838
Despite numerous studies on labor supply, the size of elasticities is rarely comparable across countries. In this paper, we suggest the first large-scale international comparison of elasticities, while netting out possible differences due to methods, data selection and the period of...
Persistent link: https://www.econbiz.de/10013122959
a variety of migration elasticity assumptions. Key outputs from the simulation include the impact of tax …
Persistent link: https://www.econbiz.de/10013099765
We suggest the first large-scale international comparison of labor supply elasticities for 17 European countries and the US, separately by gender and marital status. Measurement differences are netted out by using a harmonized empirical approach and comparable data sources. We find that own-wage...
Persistent link: https://www.econbiz.de/10013103467
Many countries face a continuing shortage in nurses' labour supply. Previous research suggests that nurses respond only weakly to changes in wages. We estimate a multi-sector model of nursing qualification holders' labour supply in different occupations. A structural approach allows us to model...
Persistent link: https://www.econbiz.de/10013105988
We analyze to which extent social inequality aversion differs across nations when controlling for actual country differences in labor supply responses. Towards this aim, we estimate labor supply elasticities at both extensive and intensive margins for 17 EU countries and the US. Using the same...
Persistent link: https://www.econbiz.de/10013086204
The aggregate Frisch elasticity of labor supply has played a key role in business cycle analysis. This paper develops a … Frisch elasticity and illustrate its main components: (i) the intensive and extensive adjustment of hours worked, (ii) the … panel data model of individual hours worked. Our estimated aggregate Frisch elasticity varies between .63 and .70. These …
Persistent link: https://www.econbiz.de/10013073510