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This paper focuses on the relationship between wages and supply of informal care to elderly parents. Unlike most of the … wave of the Health and Retirement Study, the results show that the wage elasticity of informal care supply is negative and … larger in magnitude than has been found previously. The lower bound of this elasticity is estimated to be -1.8 for males and …
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of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …
Persistent link: https://www.econbiz.de/10001650586
of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …
Persistent link: https://www.econbiz.de/10011405565
Persistent link: https://www.econbiz.de/10001664792
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 …
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