Showing 1 - 10 of 291
A large literature evaluating the welfare effects of taxation has examined the role of the labor supply elasticity, and … effect on each margin is created by a different tax wedge. Finally, ignoring the composition of the labor supply elasticity … the total labor supply elasticity is as important as its size …
Persistent link: https://www.econbiz.de/10012467752
We measure extensive-margin labor supply (employment) preferences in two representative surveys of the U.S. and German populations. We elicit reservation raises: the percent wage change that renders a given individual indifferent between employment and nonemployment. It is equal to her...
Persistent link: https://www.econbiz.de/10012533319
The entry of married women into the labor force and the rise in women's relative wages are amongst the most notable … discontinued growth in female labor supply and wages since the 1990s is a consequence of growing inequality. Our hypothesis is that … their participation and wages. We show that the slowdown in participation and wage growth was concentrated among women …
Persistent link: https://www.econbiz.de/10012814450
Do high taxes cause superstars to work less? We test this hypothesis using complete data on Hollywood movie stars' labor supply from 1927 to 2014. Changes to marginal tax rates in high tax brackets have no significant effect on the number of films a movie star makes each year. However, in years...
Persistent link: https://www.econbiz.de/10013477190
In the last two decades, U.S. policies have moved from the use of incentives to the use of sanctions to promote work effort in social programs. Surprisingly, except for anecdotes, there is very little systematic evidence of the extent to which sanctions applied to the abusive use of social...
Persistent link: https://www.econbiz.de/10012471826
Beyond some contracted minimum, salaried workers' hours are largely chosen at the worker's discretion and should respond to the strength of contract incentives. Accordingly, we consider the response of teacher hours to accountability and school choice laws introduced in U.S. public schools over...
Persistent link: https://www.econbiz.de/10012466701
We quantify the amount of spatial misallocation of labor across US cities and its aggregate costs. Misallocation arises because high productivity cities like New York and the San Francisco Bay Area have adopted stringent restrictions to new housing supply, effectively limiting the number of...
Persistent link: https://www.econbiz.de/10012238027
This paper investigates three hypotheses to account for the observed shifts in U.S. relative wages of less educated … inequality among these groups but it could have contributed to the decline in wages for the least educated. Instead, support is …
Persistent link: https://www.econbiz.de/10012472890
What are the economic consequences to U.S. natives of the growing diversity of American cities? Is their productivity or utility affected by cultural diversity as measured by diversity of countries of birth of U.S. residents? We document in this paper a very robust correlation: US-born citizens...
Persistent link: https://www.econbiz.de/10012467783
We study the evolution of individual labor earnings over the life cycle using a large panel data set of earnings histories drawn from U.S. administrative records. Using fully nonparametric methods, our analysis reaches two broad conclusions. First, earnings shocks display substantial deviations...
Persistent link: https://www.econbiz.de/10012457753