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The aggregate Frisch elasticity of labor supply has played a key role in business cycle analysis. This paper develops a … or paid wages are subject to an unanticipated temporary change, we can derive an analytical expression for the aggregate … Frisch elasticity and illustrate its main components: (i) the intensive and extensive adjustment of hours worked, (ii) the …
Persistent link: https://www.econbiz.de/10010204508
This paper investigates the inter-temporal structure of implicit taxes arise in unfunded pension schemes. We demonstrate that these tax rates are declining over the life cycle. Using German micro-data for men and married women we estimate periodic wage elasticities of labour supply in order to...
Persistent link: https://www.econbiz.de/10001679873
The aggregate Frisch elasticity of labor supply has played a key role in business cycle analysis. This paper develops a … or paid wages are subject to an unanticipated temporary change, we can derive an analytical expression for the aggregate … Frisch elasticity and illustrate its main components: (i) the intensive and extensive adjustment of hours worked, (ii) the …
Persistent link: https://www.econbiz.de/10013073510
The aggregate Frisch elasticity of labor supply has played a key role in business cycle analysis. This paper develops a … or paid wages are subject to an unanticipated temporary change, we can derive an analytical expression for the aggregate … Frisch elasticity and illustrate its main components: (i) the intensive and extensive adjustment of hours worked, (ii) the …
Persistent link: https://www.econbiz.de/10010209188
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Persistent link: https://www.econbiz.de/10001404900
globalization impacts for example by regulations from the European Union or competitive forces putting pressure on costs and wages …-of-the-art comparison of working conditions (working times, wages et cetera) for driving jobs in different transport sectors, namely road …
Persistent link: https://www.econbiz.de/10010357937
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