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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15746 |
来源ID | Working Paper 15746 |
A Shred of Credible Evidence on the Long Run Elasticity of Labor Supply | |
Orley C. Ashenfelter; Kirk B. Doran; Bruce Schaller | |
发表日期 | 2010-02-18 |
出版年 | 2010 |
语种 | 英语 |
摘要 | Virtually all public policies regarding taxation and the redistribution of income rely on explicit or implicit assumptions about the long run effect of wages rates on labor supply. The available estimates of the wage elasticity of male labor supply in the literature have varied between -0.2 and 0.2, implying that permanent wage increases have relatively small, poorly determined effects on labor supplied. The variation in existing estimates calls for a simple, natural experiment in which men can change their hours of work, and in which wages have been exogenously and permanently changed. We introduce a panel data set of taxi drivers who choose their own hours, and who experienced two exogenous permanent fare increases instituted by the New York City Taxi and Limousine Commission, and we use these data to fit a simple structural labor supply function. Our estimates suggest that the elasticity of labor supply is about -0.2, implying that income effects dominate substitution effects in the long run labor supply of males. |
主题 | Public Economics ; Taxation ; Labor Economics ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w15746 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573416 |
推荐引用方式 GB/T 7714 | Orley C. Ashenfelter,Kirk B. Doran,Bruce Schaller. A Shred of Credible Evidence on the Long Run Elasticity of Labor Supply. 2010. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w15746.pdf(161KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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