Publication type
Journal Article
Authors
Publication date
June 1, 2014
Summary:
We suggest the first large-scale international comparison of labor supply elasticities for 17 European countries and the United States using a harmonized empirical approach. We find that own-wage elasticities are relatively small and more uniform across countries than previously considered. Nonetheless, such differences do exist, and are found not to arise from different tax-benefit systems, wage/hour levels, or demographic compositions across countries, suggesting genuine differences in work preferences across countries. Furthermore, three other findings are consistent across countries: The extensive margin dominates the intensive margin; for singles, this leads to larger responses in low-income groups; and income elasticities are extremely small.
Published in
Journal of Human Resources
Volume and page numbers
Volume: 49 , p.723 -838
DOI
https://doi.org/10.3368/jhr.49.3.723
Subjects
#525773