دانلود مقاله ISI انگلیسی شماره 19936
عنوان فارسی مقاله

آناتومی کشش عرضه نیروی کار کل

کد مقاله سال انتشار مقاله انگلیسی ترجمه فارسی تعداد کلمات
19936 2012 17 صفحه PDF سفارش دهید محاسبه نشده
خرید مقاله
پس از پرداخت، فوراً می توانید مقاله را دانلود فرمایید.
عنوان انگلیسی
The anatomy of the aggregate labor supply elasticity
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Review of Economic Dynamics, Volume 15, Issue 2, April 2012, Pages 171–187

کلمات کلیدی
عرضه نیروی کار - حاشیه ویژه - حاشیه گسترده - درجه بندی -
پیش نمایش مقاله
پیش نمایش مقاله آناتومی کشش عرضه نیروی کار کل

چکیده انگلیسی

We show that the aggregate Frisch elasticity of labor supply can greatly exceed the corresponding individual-level parameter, and we illustrate the “anatomy” of the former in terms of intensive and extensive margins. The methodology consists of using micro data from the PSID to construct a panel of individuals and an aggregate time series obtained by aggregating these individuals each year. These two data sets represent exactly the same sample at different levels of aggregation, and we use them to identify the parameters of two distinct MaCurdy-type micro and macro equations. We find a micro elasticity of about 0.1 and a much larger macro elasticity that ranges from 1.1 to 1.7. There is no conflict between the two estimates: the micro one reflects only the intensive margin while the macro one reflects, in addition, the much more volatile extensive margin. Furthermore, aggregation of only continuously employed individuals allows us to provide a reliable estimate of the intensive margin elasticity in the range 0.3–0.4. This implies an extensive margin elasticity in the range 0.8–1.4. These findings suggest that micro evidence is not a benchmark for assessing how large the Frisch elasticity of labor supply should be in a model of the aggregate economy.

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