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We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the … Frisch elasticity. We estimate Frisch elasticity at around 0.38, which indicates fairly adjustable wages and little reaction … of hours of work to wage variations. Moreover, we find that the Frisch elasticity is decreasing in income and tended to …
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This paper investigates whether the elasticity of demand systematically changes from one importer country to another in … an international trade context. Evidence from U.S. exports supports this view by suggesting that the elasticity of demand … to the U.S. of the importer country. In terms of policy implications, using a common elasticity measure would …
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In order to simplify the representation of a technological relationship between inputs and outputs, a production unit's technology must typically satisfy some restrictive conditions, some of them being well known in the literature. This paper presents new results for aggregating labour inputs...
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