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Methods versus Substance : Measuring the Effects of Technology Shocks on Hours

Ríos-Rull, José-Víctor - 2009

In this paper, we employ both calibration and modern (Bayesian) estimation methods to assess the role of neutral and … the labor supply elasticity. Both a calibration procedure that uses modern assessments of the Frisch elasticity and the … estimation procedures result in technology shocks accounting for 2% to 9% of the variation in hours worked in the data. We infer …

Persistent link: https://www.econbiz.de/10012463275

Redistribution of Local Labor Market Shocks through Firms’ Internal Networks

Giroud, Xavier - 2016

Local labor market shocks are difficult to insure against. Using confidential micro data from the U.S. Census Bureau's Longitudinal Business Database, we document that firms redistribute the employment impacts of local demand shocks across regions through their internal networks of...

Persistent link: https://www.econbiz.de/10012456282

Children, Time Allocation and Consumption Insurance

Blundell, Richard - 2017

, spouses' wages, hours of work, and time spent with children to estimate the sensitivity of consumption and time allocation to …

Persistent link: https://www.econbiz.de/10012453707

How Much Consumption Insurance in Bewley Models with Endogenous Family Labor Supply?

Wu, Chunzan - 2018

of consumption insurance against shocks to male and female wages, as estimated empirically by Blundell, Pistaferri and …

Persistent link: https://www.econbiz.de/10012453242

Family Labor Supply Responses to Severe Health Shocks

Fadlon, Itzik - 2015

This paper provides new evidence on how household labor supply responds to fatal and severe non-fatal health shocks in the short- and medium-run. To identify the causal effects of these shock realizations, we leverage administrative data on families' health and labor market outcomes, and...

Persistent link: https://www.econbiz.de/10012457316

Does Religion Affect Economic Growth and Happiness? Evidence from Ramadan

Campante, Filipe R. - 2013

We study the economic effects of religious practices in the context of the observance of Ramadan fasting, one of the central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating Islamic calendar. We report two key, quantitatively...

Persistent link: https://www.econbiz.de/10012458895

Female Labour Supply, Human Capital and Welfare Reform

Blundell, Richard - 2013

We estimate a dynamic model of employment, human capital accumulation - including education, and savings for women in the UK, exploiting tax and benefit reforms, and use it to analyze the effects of welfare policy. We find substantial elasticities for labor supply and particularly for lone...

Persistent link: https://www.econbiz.de/10012459655

Consumption Inequality and Family Labor Supply

Blundell, Richard - 2012

and find strong evidence of smoothing of males and females permanent shocks to wages. Once family labor supply, assets and …

Persistent link: https://www.econbiz.de/10012460216

Does Employer-Provided Health Insurance Constrain Labor Supply Adjustments to Health Shocks? New Evidence on Women Diagnosed with Breast Cancer

Bradley, Cathy J. - 2012

Employment-contingent health insurance creates incentives for ill workers to remain employed at a sufficient level (usually full-time) to maintain access to health insurance coverage. We study employed married women, newly diagnosed with breast cancer, comparing labor supply responses to breast...

Persistent link: https://www.econbiz.de/10012460599

Paycheck Receipt and the Timing of Consumption

Stephens, Melvin, Jr - 2002

This paper examines the consumption response to monthly paycheck receipt. Since the amount and arrival date of paychecks are known in advance, the receipt of a paycheck does not coincide with the receipt of new information. Under the basic rational expectations Life-Cycle/Permanent Income...

Persistent link: https://www.econbiz.de/10012469349

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