In the context of certain dynamic models, it is possible to infer the elasticity of labor supply to the firm from the … elasticity of the quit rate with respect to the wage. Using this property, we estimate the average labor supply elasticity to … schedules to instrument for actual salary. Instrumental variables estimates lead to a labor supply elasticity estimate of about …

should be higher, about 2.2. Together with prior estimates of the quit elasticity these results imply that wages are 72 … offered wage, but there is very little research on this. This paper presents a methodology for estimating the wage elasticity … of recruitment and applies it to German data. Our estimates of the wage elasticity of recruitment are about 1.4. We also …

explanation of the pro-cyclicality of wages. -- monopsony ; labor market frictions ; business cycles …A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite … inter-war period, we are able to estimate the elasticity of supply to the firm during several recessions and expansions. Our …

In this paper we estimate the elasticity of the labour supply to a firm, using data from the Household, Income and … Labour Dynamics in Australia (HILDA) Survey. Estimation of this elasticity is of particular interest not only in its own … intuition is that, where workers have heterogeneous preferences or face mobility costs, firms can offer lower wages without …