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In this paper, we use data from a survey of taxi drivers in Singapore to test two competing labor supply hypotheses: the standard intertemporal model and the income targeting model, where workers set an earnings target over some short time horizon. The former predicts positive wage elasticities...
Persistent link: https://www.econbiz.de/10005578932
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nonattriters and variable addition testing based on formal models of attrition. Results from the Panel Study of Income Dynamics are …
Persistent link: https://www.econbiz.de/10014184367
This paper investigates the reservation wages of unemployed persons on the basis of a job-search model with non …-static reservation wages using panel data from Germany from 1987 to 1998. The results suggest that reservation wages are relatively high … in Germany compared to other countries. Furthermore, pooled regression results show that most recent wages and personal …
Persistent link: https://www.econbiz.de/10011474420
This paper studies the reservation wages of unemployed persons and the wages offered them in Germany from 1987 to 1998 … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reservation … wages to offered wages increase rapidly with duration of unemployment; on average, reservation wages begin to exceed offered …
Persistent link: https://www.econbiz.de/10011474648
This chapter presents a unified set of estimation methods for fitting a rich array of models describing dynamic …: dynamic simultaneous equations models incorporating error-components structures, and autoregressive quantile models. The … sampling inherent in survey longitudinal data, (3) incorporation of predetermined variables in estimation, and (4 …
Persistent link: https://www.econbiz.de/10014024953
monopsony or upward sloping labour supply curves for average firm wages. Panel estimates provide strong evidence of a much … compensating differentials with lagged wages, and for profitability (rent sharing). Employment expansion also has a positive effect … on wages, providing further evidence for upward sloping labour supply (as distinct from the effect of shocks in a …
Persistent link: https://www.econbiz.de/10002853297
monopsony or upward sloping labour supply curves for average firm wages. Panel estimates provide strong evidence of a much … compensating differentials with lagged wages, and for profitability (rent sharing). Employment expansion also has a positive effect … on wages, providing further evidence for upward sloping labour supply (as distinct from the effect of shocks in a …
Persistent link: https://www.econbiz.de/10013318486
, we show that both work hours and wages drop sharply at ages 62 and 65. The Social Security rules produce strong … incentives to reduce work hours at these ages. We present evidence that these sharp drops in work hours cause a drop in wages for …
Persistent link: https://www.econbiz.de/10014121766
This paper studies the labor supply contributions to individual and family earnings inequality during the period of rising wage inequality in the early 1980's. Working couples have positively correlated labor market outcomes, which are almost entirely attributable to permanent factors. An...
Persistent link: https://www.econbiz.de/10013149423