The wage elasticity of labour supply: A synthesis of empirical estimates
De Economist , Volume 156 - Issue 1 p. 25- 43
This paper performs a meta-analysis of empirical estimates of uncompensated labour supply elasticities. For the Netherlands, we find that an elasticity of 0.5 for women and 0.1 for men is a good reflection of what the literature reveals. The elasticity for men hardly differs between countries, but for women some cross-country variation is found. The increasing participation rate of women may lead to a somewhat lower elasticity in the future. Both the specification of the hours function and the estimation method are found to affect elasticity estimates.
|Organisation||Erasmus School of Economics|
Evers, M, de Mooij, R.A, & Vuuren, D. (2008). The wage elasticity of labour supply: A synthesis of empirical estimates. De Economist, 156(1), 25–43. doi:10.1007/s10645-007-9080-z