The Experts below are selected from a list of 297 Experts worldwide ranked by ideXlab platform
Arne Uhlendorff - One of the best experts on this subject based on the ideXlab platform.
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Intertemporal Labor Supply and involuntary unemployment
Empirical Economics, 2012Co-Authors: Peter Haan, Arne UhlendorffAbstract:We estimate a model of intertemporal male Labor Supply behavior which explicitly accounts for the effect of income taxation and the transfer system. Moreover, we model the demand-side driven rationing risk that prevents agents from choosing the optimal Labor Supply state. Our results show that elasticities derived in an unconstrained pure choice model are significantly higher compared to a model with involuntary unemployment. This holds true for short-run and long-run Labor Supply elasticities.
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Intertemporal Labor Supply and Involuntary Unemployment
Social Science Research Network, 2007Co-Authors: Peter Haan, Arne UhlendorffAbstract:In this paper we develop a model to consistently estimate the intertemporal Labor Supply behavior on the extensive margin (participation decision) and the intensive margin (working hours decision). In this framework we distinguish between voluntary non-participation and involuntary unemployment which is caused by Labor market rationing and model the dynamics of Labor Supply by accounting for true state dependence and unobserved effects. Our approach follows the empirical literature on life cycle employment based on approximate decision rules. However, in contrast to previous studies, this framework allows us to test for true state dependence of voluntary non-participation, involuntary unemployment, full-time work and over-time work. Moreover, we derive consistent estimates of intertemporal Labor Supply elasticities over time and asses the bias of short- and long-run elasticities derived in a pure choice model of Labor Supply.
Pierre-andré Chiappori - One of the best experts on this subject based on the ideXlab platform.
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marriage market divorce legislation and household Labor Supply
Journal of Political Economy, 2002Co-Authors: Pierre-andré Chiappori, Bernard Fortin, Guy LacroixAbstract:This paper provides a theoretical framework for analyzing the impact of the marriage market and divorce legislation on household Labor Supply. In our approach, the sex ratio in the marriage market and the rules governing divorce are examples of "distribution factors." These factors are defined as variables that affect the household members' bargaining position but not preferences or the joint budget set. We extend the collective Labor Supply model developed by Chiappori to allow for distribution factors. We show that our model imposes new restrictions on the Labor Supply functions and eases the identification of individual preferences and the intrahousehold decision process. The model is estimated using PSID data for the year 1988. Our results do not reject the restrictions imposed by the model. Also, the sex ratio and divorce laws deemed favorable to women are found to affect Labor Supply behavior and the decision process in the directions predicted by the theory and to have sizable effects.
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marriage market divorce legislation and household Labor Supply
Cahiers de recherche, 2001Co-Authors: Pierre-andré Chiappori, Bernard Fortin, Guy LacroixAbstract:This paper provides a theoretical framework for analyzing the impact of the marriage market and divorce legislation on household Labor Supply. In our approach, the sex ratio on the marriage market and the rules governing divorce are examples of "distribution factors". The latter are defined as variables that affect the household members' bargaining position but neither preferences nor the joint budget set. We extend the collective Labor Supply model developed by Chiappori (JPE, 1992) to allow for distribution factors. We show that our model imposes new restrictions on the Labor Supply functions and eases the identification of individual preferences and the intra-household decision process. The model is estimated using PSID data for the year 1988. Our results do not reject the restrictions imposed by the model. Also, the sex ratio and divorce laws deemed favorable to women are found to impact the Labor Supply behavior and the decision process in the directions predicted by the theory and to have sizeable effects.
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Collective Labor Supply and Welfare
Journal of Political Economy, 1992Co-Authors: Pierre-andré ChiapporiAbstract:The paper develops a general, "collective" model of household Labor Supply in which agents are characterized by their own (possibly altruistic) preferences, and household decisions are only assumed to be Pareto efficient. An alternative interpretation is that there are two stages in the internal decision process: agents first share nonLabor income, according to some given sharing rule; then each one optimally chooses his or her own Labor Supply and consumption. This setting is shown to generate testable restrictions on Labor supplies. Moreover, the observation of Labor Supply behavior is sufficient for recovering individual preferences and the sharing rule (up to a constant). Finally, the traditional tools of welfare analysis can be adapted to the new setting.
Peter Haan - One of the best experts on this subject based on the ideXlab platform.
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Intertemporal Labor Supply and involuntary unemployment
Empirical Economics, 2012Co-Authors: Peter Haan, Arne UhlendorffAbstract:We estimate a model of intertemporal male Labor Supply behavior which explicitly accounts for the effect of income taxation and the transfer system. Moreover, we model the demand-side driven rationing risk that prevents agents from choosing the optimal Labor Supply state. Our results show that elasticities derived in an unconstrained pure choice model are significantly higher compared to a model with involuntary unemployment. This holds true for short-run and long-run Labor Supply elasticities.
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Intertemporal Labor Supply and Involuntary Unemployment
Social Science Research Network, 2007Co-Authors: Peter Haan, Arne UhlendorffAbstract:In this paper we develop a model to consistently estimate the intertemporal Labor Supply behavior on the extensive margin (participation decision) and the intensive margin (working hours decision). In this framework we distinguish between voluntary non-participation and involuntary unemployment which is caused by Labor market rationing and model the dynamics of Labor Supply by accounting for true state dependence and unobserved effects. Our approach follows the empirical literature on life cycle employment based on approximate decision rules. However, in contrast to previous studies, this framework allows us to test for true state dependence of voluntary non-participation, involuntary unemployment, full-time work and over-time work. Moreover, we derive consistent estimates of intertemporal Labor Supply elasticities over time and asses the bias of short- and long-run elasticities derived in a pure choice model of Labor Supply.
Guy Lacroix - One of the best experts on this subject based on the ideXlab platform.
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marriage market divorce legislation and household Labor Supply
Journal of Political Economy, 2002Co-Authors: Pierre-andré Chiappori, Bernard Fortin, Guy LacroixAbstract:This paper provides a theoretical framework for analyzing the impact of the marriage market and divorce legislation on household Labor Supply. In our approach, the sex ratio in the marriage market and the rules governing divorce are examples of "distribution factors." These factors are defined as variables that affect the household members' bargaining position but not preferences or the joint budget set. We extend the collective Labor Supply model developed by Chiappori to allow for distribution factors. We show that our model imposes new restrictions on the Labor Supply functions and eases the identification of individual preferences and the intrahousehold decision process. The model is estimated using PSID data for the year 1988. Our results do not reject the restrictions imposed by the model. Also, the sex ratio and divorce laws deemed favorable to women are found to affect Labor Supply behavior and the decision process in the directions predicted by the theory and to have sizable effects.
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marriage market divorce legislation and household Labor Supply
Cahiers de recherche, 2001Co-Authors: Pierre-andré Chiappori, Bernard Fortin, Guy LacroixAbstract:This paper provides a theoretical framework for analyzing the impact of the marriage market and divorce legislation on household Labor Supply. In our approach, the sex ratio on the marriage market and the rules governing divorce are examples of "distribution factors". The latter are defined as variables that affect the household members' bargaining position but neither preferences nor the joint budget set. We extend the collective Labor Supply model developed by Chiappori (JPE, 1992) to allow for distribution factors. We show that our model imposes new restrictions on the Labor Supply functions and eases the identification of individual preferences and the intra-household decision process. The model is estimated using PSID data for the year 1988. Our results do not reject the restrictions imposed by the model. Also, the sex ratio and divorce laws deemed favorable to women are found to impact the Labor Supply behavior and the decision process in the directions predicted by the theory and to have sizeable effects.
John A. Rizzo - One of the best experts on this subject based on the ideXlab platform.
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Physician Labor Supply
Encyclopedia of Health Economics, 2014Co-Authors: Hai Fang, John A. RizzoAbstract:As the key clinical decision-makers, physicians provide an essential input into the production of health care for their patients. Understanding the determinants of physician Labor Supply has important implications for the production and cost of care and for health care access. Hence, physician Labor Supply is a topic of considerable interest in health economics. This article examines the factors affecting physician Labor Supply. Labor Supply measures are considered broadly, and may include annual hours worked, numbers of surgeries performed, office visits, and so on. The authors’ focus is on the Labor Supply decision, given a fixed number of physicians in the market. They provide a general framework discussing the competing goals of the physician in choosing Labor Supply and review studies that have examined a number of key issues affecting the Labor Supply decision. This article will cover the conceptual issues in the physician Labor Supply decision; the relationship between physician earnings and Labor Supply; the effects of competition and physician fee schedules on Labor Supply; the roles of the so-called ‘target income hypothesis’ and more recently reference incomes as they pertain to the Labor Supply decision; physician Labor Supply under managed care; and the effect of malpractice liability on Labor Supply.
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Physician Labor Supply: do income effects matter?
Journal of health economics, 1994Co-Authors: John A. Rizzo, David BlumenthalAbstract:This paper estimates a model of physician Labor Supply, focusing on the impacts of wage and non-wage income. We find evidence of significant income effects. For male physicians, the income effect of a wage change on Labor Supply is negative, with an elasticity of -0.26. The pure substitution effect of a wage change increases Labor Supply: a 1% increase in wages leads to a 0.49% increase in Labor Supply, controlling for income effects. The results also suggest that the Labor Supply decisions of females are more responsive to variations in their earnings than are those of males.
