in wages of NHS nurses relative to wages in outside options available to nurses, utilising the panel data aspect of the …. In contrast, in the London region, the short run elasticity is much higher. We discuss the policy implications of these …

A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite … inter-war period, we are able to estimate the elasticity of supply to the firm during several recessions and expansions. Our … analysis suggests that the elasticity is indeed lower during recessions, consistent with the comparative statics from the …

labor supply elasticity. For this purpose, we extend the standard labor market matching model to allow for endogenous … correlation of unemployment and GDP, implies an aggregate labor supply elasticity along the extensive margin of around 0.3 for men … participation ; labor supply elasticity …

Stochastic shocks to aggregate labor supply elasticity are introduced into a real-business-cycle setup augmented with a … board arrange-ment (1999-2018). The quantitative importance of a stochastic aggregate labor supply elasticity parameter is … the variability of hours, and lowers the correlation between hours and wages, and thus is found to be quantitatively …