This article presents empirical evidence with respect to two constraints on workers' intertemporal labor supply: the liquidity constraint which prevents workers from borrowing against future consumption to accommodate wage changes; and consumption commitments which, due to transaction costs,...

The Fair Labor Association (FLA) is a non-profit collaborative effort of universities, civil society organisations and socially-responsible companies. FLA promotes adherence to international and national labour laws as this non-governmental organisation advocates for greater accountability and...

In this paper, we examine whether imperfections in credit markets spill over to other markets, particularly the labor market. We take the case of Italy, a country that experienced changes in the mortgage market brought about by the 1992 European unification and other institutional shifts. These...

In this paper, we examine whether imperfections in credit markets spill over to other markets, particularly the labor market. We take the case of Italy, a country that experienced changes in the mortgage market brought about by the 1992 European unification and other institutional shifts. These...

Traditionally, labour supply data do not include much information on hours and wages in secondary job or overtime work. In this paper, we estimate labour supply models based on survey information on hours and wages in overtime work and second job which is merged to detailed register information...

This paper provides estimates for the Mercosur countries of the Frisch elasticity – i.e., the elasticity of substitution between worked hours and real wages holding constant the marginal utility of wealth. We find a strong heterogeneity, with estimated elasticities ranging from 12.8 in...

Traditionally, labor supply data do not include much information on hours and wages in secondary job or overtime work. In this paper, we estimate labor supply models based on survey information on hours and wages in overtime work and second job which is merged to detailed register information on...

This paper provides estimates for the Mercosur countries of the Frisch elasticity - i.e., the elasticity of substitution between worked hours and real wages holding constant the marginal utility of wealth. We find a strong heterogeneity, with estimated elasticities ranging from 12.8 in Argentina...