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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/10010287662
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/10010276067
labor supply elasticity. For this purpose, we extend the standard labor market matching model to allow for endogenous …In this paper we use information on the cyclical variation of labor market participation to learn about the aggregate … 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/10010282265
price elasticity of remittances is around 0.4. While most studies have examined the impact of remittances on the real …
Persistent link: https://www.econbiz.de/10010275918
We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that technological change along with the increase in the...
Persistent link: https://www.econbiz.de/10010269651
market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand … and demand response in the power market and their relationships. It enhances demand response in the electricity market …The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated …
Persistent link: https://www.econbiz.de/10010284018
and labor-demand elasticities. This weakness of labor demand elasticity in practice is perhaps explained by the tight …This paper investigates the effects of trade liberalization on labor demand elasticities. Employment demand equation is … a weak support for the idea assuming that trade liberalization will lead to an increase in labor demand elasticities: in …
Persistent link: https://www.econbiz.de/10010261844
In order to learn more about the wage elasticity of the teacher supply in Switzerland, this paper estimates wages for …-1999. The data allows us to estimate the wage elasticity for entry wages of upper secondary school teachers. In the cases … examined, the wage differential is highly significant and shows a wage elasticity for the teacher supply of 0.12% to 0 …
Persistent link: https://www.econbiz.de/10010261950
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income … respondents to be controlled. The approach gives straightforward evidence: Obviously there is an optimal elasticity at which …
Persistent link: https://www.econbiz.de/10010262430
Traditionally, labour supply data do not include much information on hours and wages in secondary job or overtime work. In this paper, we estimate labour supply models based on survey information on hours and wages in overtime work and second job which is merged to detailed register information...
Persistent link: https://www.econbiz.de/10010262528