Supplementary data for: Nonconvexities, Retirement, and the Elasticity of Labor Supply
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https://www.openicpsr.org/openicpsr/project/210102/version/V1/view?path=/openicpsr/210102/fcr:versions/V1/20101245_PSIDdata.xlsx&type=file
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资源简介：
We consider two life cycle models of labor supply that use nonconvexities to generate retirement. In each case we derive a link between hours worked prior to retirement, the intertemporal elasticity of substitution for labor (IES), and the size of the nonconvexities. This link is robust to allowing for credit constraints and human capital accumulation by younger workers and suggests values for the IES that are .75 or higher.
提供机构：
Stockholm School of Economics; Princeton University
创建时间：
2024-01-01
