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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
This paper examines to what extent non-random sorting of spouses affects earnings inequality while explicitly disentangling effects from increasing assortativeness in couple formation from changing patterns of couples' labor supply behavior. Using German micro data, earnings distributions of...
Persistent link: https://www.econbiz.de/10013046249
We measure the impact of measurement error in labor-supply elasticities estimated over recalled usual work hours, as is ubiquitous in the literature. Employing hours of work in diaries collected by the American Time Use Survey, 2003-12, along with the same respondents' recalled usual hours, we...
Persistent link: https://www.econbiz.de/10012977338
estimation bias is less pronounced for secondary than for primary earners. The reason is that, in households with two earners and … to borrow than wage-rate changes of the primary earner. We illustrate the differential estimation bias in the framework …
Persistent link: https://www.econbiz.de/10012981501
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
work is allowed to vary by occupation and also by shift type in the utility function. Furthermore, we allow the preference …
Persistent link: https://www.econbiz.de/10013105988
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
assumptions about the long run effect of wage rates on labor supply. The available estimates of the wage elasticity of male labor … function. Our estimates suggest that the elasticity of labor supply is about -0.2, implying that income effects dominate …
Persistent link: https://www.econbiz.de/10013146829
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
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 … 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