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We introduce a structural model which jointly estimates the full-time wage premium and female labor supply, using the …), caused by the coexistence of both full- and part-time wage rates, and makes wages fully endogenous to the labor supply choice … small full-time wage premium. Our estimates for labor supply elasticities lie within the ranges reported in previous …
Persistent link: https://www.econbiz.de/10011576568
We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks …, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life …-cycle model of consumption and labor supply. Both permanent wage and hours shocks are important to explain earnings risk, but wage …
Persistent link: https://www.econbiz.de/10012145317
We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks …, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life …-cycle model of consumption and labor supply. Both permanent wage and hours shocks are important to explain earnings risk, but wage …
Persistent link: https://www.econbiz.de/10012160640
This paper exploits temporal and spatial variation in the implementation of US sick pay mandates to assess their labor market consequences. We use the Synthetic Control Group Method (SCGM) and the Quarterly Census of Employment and Wages (QCEW) to estimate the causal effect of mandated sick...
Persistent link: https://www.econbiz.de/10012993955
This paper exploits temporal and spatial variation in the implementation of US sick pay mandates to assess their labor market consequences. We use the Synthetic Control Group Method (SCGM) and the Quarterly Census of Employment and Wages (QCEW) to estimate the causal effect of mandated sick...
Persistent link: https://www.econbiz.de/10013247841
examines the effect of credit, insurance, and poverty (defined as more than just low income). It also explains bonded child …
Persistent link: https://www.econbiz.de/10010261870
Sleep is a source of energy. This energy is available in limited quantity and individuals must decide when it should be renewed and when it should be consumed. The economics of sleeping and the economics of resource extraction are one and the same. More specifically, utility maximization with...
Persistent link: https://www.econbiz.de/10014306470
incorporates mental and physical health. Correlated mental and physical health production functions are simultaneously estimated …, including the endogenous decisions to seek psychotherapy and smoke cigarettes as health accumulation factors. The model is … indicate that mental health has a stronger impact on labor supply than physical health. At the same time, estimates show that …
Persistent link: https://www.econbiz.de/10014582273
/ethnic representation. The findings imply that measures of the adjusted wage disadvantages of minority employees are overstated by about 10 …
Persistent link: https://www.econbiz.de/10011607370
This paper uses Canadian matched employer-employee data to show that working hours are gross complements in production rather than perfect substitutes, as is typically assumed. We exploit within-establishment and individual-level variation in hours and wages to document novel evidence consistent...
Persistent link: https://www.econbiz.de/10013448814