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Although discrete hours choice models have become the workhorse in labor supply analyses. Yet, they are often criticized for being a black box due to their numerous underlying modeling assumptions, with respect to, e.g., the functional form, unobserved error components or several exogeneity...
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The aggregate Frisch elasticity of labor supply has played a key role in business cycle analysis. This paper develops a … Frisch elasticity and illustrate its main components: (i) the intensive and extensive adjustment of hours worked, (ii) the … panel data model of individual hours worked. Our estimated aggregate Frisch elasticity varies between .63 and .70. These …
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This paper investigates the inter-temporal structure of implicit taxes that 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...
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Advances in Spatial Science This series of books is dedicated to reporting on recent advances in spatial science. It contains scientific studies focusing on spatial phenomena, utilising theoretical frameworks, analytical methods, and empirical procedures specifically designed for spatial...
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