| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9718 |
| DP9718 Aggregation and Labor Supply Elasticities | |
| Monika Merz | |
| 发表日期 | 2013-11-03 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | This paper develops a statistical aggregation procedure for the Frisch elasticity of labor supply. It allows for worker heterogeneity and is applicable to an individual labor supply function with non-employment as a possible outcome. Subjecting all offered or paid wages to an unanticipated temporary change we analytically derive the aggregate elasticity and its main components. We quantify each component using individual-specific data from the German SOEP for males at working-age. We measure the hours' adjustment along the intensive and the extensive margin with the help of observed wages and reservation wages, respectively. The estimated aggegate Frisch elasticity varies over time. |
| 主题 | International Macroeconomics ; Labour Economics |
| 关键词 | Aggregation Extensive and intensive margin of adjustment Labor supply Reservation wage distribution Time-varying frisch elasticities |
| URL | https://cepr.org/publications/dp9718 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538554 |
| 推荐引用方式 GB/T 7714 | Monika Merz. DP9718 Aggregation and Labor Supply Elasticities. 2013. |
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