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identification strategy relies on German maternity leave length. The key aspect of the maternal leave framework is that mothers can … wage. The results provide evidence that mothers are willing to sacrifice a significant fraction of their wage to reduce …
Persistent link: https://www.econbiz.de/10003872318
This paper examines three distinguishing features of caring: that it involves the development of a relationship, that caring responsibilities and needs are unequally distributed and that social norms influence the allocation of care and caring responsibilities, to draw out their implications for...
Persistent link: https://www.econbiz.de/10012716481
This study is the first to estimate mothers' marginal willingness to pay (MWP) for job amenities directly. Its … identification strategy relies on German maternity leave length. The key aspect of the maternal leave framework is that mothers can … wage. The results provide evidence that mothers are willing to sacrifice a significant fraction of their wage to reduce …
Persistent link: https://www.econbiz.de/10011636536
The extent to which individuals commit to their partner for life has important implications. This paper develops a lifecycle collective model of the household, through which it characterizes behavior in three prominent alternative types of commitment: full, limited, and no commitment. We propose...
Persistent link: https://www.econbiz.de/10013460092
of couples' commuting, wages, labor supply, and consumption. Using data from the PSID for the years 2011-2019, results … indicate a positive and highly significant correlation between wages and commuting when analyzed cross-sectionally. However …, changes in wages and commuting over an individual's life cycle are not related. Additionally, commuting appears to be …
Persistent link: https://www.econbiz.de/10014581485
relative wages on labor supply. They test the hypothesis that, ceteris paribus, making a given wage high (low) relative to …
Persistent link: https://www.econbiz.de/10009569610
The standard labor-supply literature typically assumes that the labor supply response to wage increases is the same as that for equivalent wage decreases. However, evidence from the behavioral-economics literature suggests that people are loss averse and thus perceive losses differently than...
Persistent link: https://www.econbiz.de/10013000061
Relative pay — earnings compared with the earnings of others doing a similar job, or compared with one's earnings in the past — affects how much individuals would like to work (labor supply) and their effort on the job; it therefore has implications for both employers and policy makers. A...
Persistent link: https://www.econbiz.de/10012953612
The standard labor-supply literature typically assumes that the labor supply response to wage increases is the same as that for equivalent wage decreases. However, evidence from the behavioral-economics literature suggests that people are loss averse and thus perceive losses differently than...
Persistent link: https://www.econbiz.de/10012969586
Using the National Compensation Survey between 2004-2017, we document three stylized facts and quantify cyclical heterogeneity among performance pay and fixed wage jobs. First, there is substantial dispersion in the incidence of performance pay, even within the same occupation; hourly...
Persistent link: https://www.econbiz.de/10012853936