Labor Supply: Are the Income and Substitution Effects Both Large or Both Small?
收藏NBER2008-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w14208
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资源简介:
Labor supply is unresponsive to permanent changes in wage rates. Thus, income and substitution effects cancel, but are they both close to zero or both large? This paper develops a theory of labor supply where income and substitution effects cancel, taking into account optimization over time, fixed
提供机构:
美国国家经济研究局
创建时间:
2008-07-01



