Narrow search
Showing 1 - 10 of 755
Cover Image
Unemployment Fluctuations, Match Quality, and the Wage Cyclicality of New Hires
Gertler, Mark - 2016
Macroeconomic models often incorporate some form of wage stickiness to help account for employment fluctuations. However, a recent literature calls in to question this approach, citing evidence of new hire wage cyclicality from panel data studies as evidence for contractual wage flexibility for...
Persistent link: https://www.econbiz.de/10012989117
Cover Image
Wages and Informality in Developing Countries
Meghir, Costas - 2012
It is often argued that informal labor markets in developing countries promote growth by reducing the impact of regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage-posting framework of Burdett and Mortensen (1998) to allow...
Persistent link: https://www.econbiz.de/10013101278
Cover Image
Bounding the Labor Supply Responses to a Randomized Welfare Experiment : A Revealed Preference Approach
Kline, Patrick - 2015
We study the short-term impact of Connecticut's Jobs First welfare reform experiment on women's labor supply and welfare participation decisions. A non-parametric optimizing model is shown to restrict the set of counterfactual choices compatible with each woman's actual choice. These revealed...
Persistent link: https://www.econbiz.de/10013030613
Cover Image
Work Incentives in the Social Security Disability Benefit Formula
Goda, Gopi Shah - 2015
We examine the connection between taxes paid and benefits accrued under the Social Security Disability Insurance (SSDI) program on both the intensive and extensive margins. We perform these calculations for stylized workers given the existing benefit structure and disability hazard rates. On the...
Persistent link: https://www.econbiz.de/10013011940
Cover Image
Understanding Joint Retirement
Michaud, Pierre-Carl - 2018
Evidence from different sources shows that spouses' retirement decisions are correlated. Retirement policies affecting individuals in couples are therefore also likely to affect behavior of their spouses. It is therefore important to account for joint features in modeling retirement. This paper...
Persistent link: https://www.econbiz.de/10012911104
Cover Image
Job Vacancy Rates in the Firm : an Empirical Analysis
Holzer, Harry J. - 2021
In this paper I present some evidence on the magnitudes and determinants of job vacancy rates at the firm level. The data are from a survey of firms in 1980 and 1982, as well as from 1980 Census data on industry and local area characteristics. The results show that overall job vacancy rates are...
Persistent link: https://www.econbiz.de/10013246665
Cover Image
On Bunching and Identification of the Taxable Income Elasticity
Blomquist, Soren - 2017
The taxable income elasticity is a key parameter for predicting the effect of tax reform or designing an income tax …. Bunching at kinks and notches in a single budget set have been used to estimate the taxable income elasticity. We show that … the size of the taxable income elasticity, and neither is the entire distribution of taxable income for a convex budget …
Persistent link: https://www.econbiz.de/10012940809
Cover Image
Aggregating Elasticities : Intensive and Extensive Margins of Female Labour Supply
Attanasio, Orazio - 2015
the micro level means that the aggregate labour supply elasticity is not a structural parameter: any aggregate elasticity …
Persistent link: https://www.econbiz.de/10013019870
Cover Image
The Tax Elasticity of Capital Gains and Revenue-Maximizing Rates
Agersnap, Ole; Zidar, Owen M. - 2022
elasticity of revenues with respect to the tax rate over a ten-year period is -0.5 to -0.3, indicating that capital gains tax …
Persistent link: https://www.econbiz.de/10013297443
Cover Image
Some Unpleasant Markup Arithmetic : Production Function Elasticities and Their Estimation from Production Data
Bond, Stephen; Hashemi, Arshia; Kaplan, Gregory B.; … - 2022
The ratio estimator of a firm's markup is the ratio of the output elasticity of a variable input to that input's cost … share in revenue. This note raises issues that concern identification and estimation of markups using the ratio estimator …. Concerning identification: (i) if the revenue elasticity is used in place of the output elasticity, then the estimand underlying …
Persistent link: https://www.econbiz.de/10013324230