Work

The Wage Elasticity of Labour Supply: A Synthesis of Empirical Estimates

Year: 2008

Type: article

Study designs: Systematic Review, Meta-Analysis

Abstract: 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.

Source: De Economist

DOI: 10.1007/s10645-007-9080-z

Authors: Michiel Evers, Ruud De Mooij, Daniel Van Vuuren

Institutions: Ministry of Economic Affairs and Climate Policy, Tinbergen Institute, CPB Netherlands Bureau for Economic Policy Analysis, Network for Studies on Pensions, Aging and Retirement, Erasmus University Rotterdam

Language: English

Topic: Gender, Labor, and Family Dynamics

Subfield: Gender Studies

Field: Social Sciences

Domain: Social Sciences

SDGs: Decent work and economic growth, Gender equality

Open Access status: hybrid

Estimated APC paid: $3,290