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Chapter 69 Labor Supply Models: Unobserved Heterogeneity, Nonparticipation and Dynamics
Blundell, Richard; MaCurdy, Thomas; Meghir, Costas - In: Handbook of econometrics : volume 6A, (pp. 4667-4775). 2007
This chapter is concerned with the identification and estimation of models of labor supply. The focus is on the key issues that arise from unobserved heterogeneity, nonparticipation and dynamics. We examine the simple “static” labor supply model with proportional taxes and highlight the...
Persistent link: https://www.econbiz.de/10014024946
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Depressed demand and supply
Massenot, Baptiste; Nghiem, Giang - 2019
We investigate the implications of experienced-based learning on consumption-saving and labor supply, two fundamental decisions in business cycle models. Using the Dutch Household Survey, we find that individuals who have experienced higher national unemployment rates over their lifetime save...
Persistent link: https://www.econbiz.de/10012051373
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Labor Supply Dynamics, Unemployment and Human Capital Investments
Wasmer, Etienne - 2002
cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience …
Persistent link: https://www.econbiz.de/10010262787
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Tenure and experience effects on wages: A theory
Burdett, Ken; Coles, Melvyn - 2010
endogenously over time through experience effects, tenure effects and quits to better paid employment. This equilibrium approach … suggests how to identify econometrically between experience and tenure effects on worker wages. …
Persistent link: https://www.econbiz.de/10010274781
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Labor supply dynamics, unemployment and human capital investments
Wasmer, Etienne - 2002
cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience …
Persistent link: https://www.econbiz.de/10011410676
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The wage effects of subsidized career breaks
Nordström Skans, Oskar; Liljeberg, Linus - In: Empirical economics : a journal of the Institute for … 47 (2014) 2, pp. 593-617
Persistent link: https://www.econbiz.de/10010391118
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Growth and Labor Income Risk withInelastic and Elastic Labor Supply
Clemens, Christiane - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2004
We discuss long-run growth in an economy which is subject toaggregate productivity shocks affecting all factors of production. Wedemonstrate that the presence of labor income risk unambiguously isan important determinant of long-run expected growth. The issue ofdynamic inefficiency of the...
Persistent link: https://www.econbiz.de/10005867611
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Material Incentives and Effort Choice : Evidence from an Online Experiment Across Countries
Davies, Elwyn; Fafchamps, Marcel - National Bureau of Economic Research - 2022
We conduct an interactive online experiment framed as an employment contract between employer and worker. Subjects from the US, India, and Africa are matched in pairs within and, in some cases, across countries. Employers make a one-period offer to a worker who can either decline or choose a...
Persistent link: https://www.econbiz.de/10013362026
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The Effect of Unfair Chances and Gender Discrimination on Labor Supply
Gagnon, Nickolas - 2020
Labor market opportunities and wages may be unfair for various reasons, and how workers respond to different types of unfairness can have major economic consequences. Using an online labor platform, where workers engage in an individual task for a piece-rate wage, we investigate the causal...
Persistent link: https://www.econbiz.de/10012843159
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The Effect of Unfair Chances and Gender Discrimination on Labor Supply
Gagnon, Nickolas - 2020
Labor market opportunities and wages may be unfair for various reasons, and how workers respond to different types of unfairness can have major economic consequences. Using an online labor platform, where workers engage in an individual task for a piece-rate wage, we investigate the causal...
Persistent link: https://www.econbiz.de/10012844117