countries. The cross-country income elasticity of establishment size is remarkably similar across sectors, about 0.3. We discuss …

impact, and its persistence, depend on the ratio of two parameters: the long-run interest rate elasticity of money demand and … the intertemporal substitution elasticity. At the same time, the model has completely classical long-run predictions …

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

assumptions about the long run effect of wages 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 …

In this paper I try to determine whether international trade has been increasing the own-price elasticity of demand for … elasticity patterns. Thus the time series of labor-demand elasticities are explained largely by a residual, time itself. This … residual for changing factor prices over time, there also appears to be a large unexplained residual for changing factor demand …