Elasticidad intertemporal y no compensada de la oferta laboral. Evidencia para el caso uruguayo

Alma Espino, Fernando Isabella (), Martin Leites and Alina Machado ()
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Fernando Isabella: Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economí­a

No 12-18, Documentos de Trabajo (working papers) from Instituto de Economía - IECON

Abstract: This research estimates the impact of wages onlabor supply decision in Uruguay considering the extensive and intensive margins, with particular emphasis on female supply. We used the specifications and econometric techniques proposed in Blundel and MaCurdy (1999) and Pencavel (2002) toestimate the supply elasticity over the life cycle (intertemporal elasticity)and the labor supply elasticity responses to parametric changes in the wage profile (uncompensated elasticity). This issue, which has a long history in international and regional literature, has received less attention in the national context, particularly in the case of female labor supply. This topic is relevant for a better understanding of recent changes in decisions to participate in the labor market in Uruguay and because of the policy implications arising from the distinction between both elasticities. The result confirm the regardless of educational level, the participation of the younger cohorts of women in the labor market has increased. Also there found differences in the magnituds between intertemporal and uncompensated elasticitis with a higher substitution effect for women. Finally, heterogeneous behaviors are verified within female population and the different trends relative to decisions on the intensive and extensive margins.

Keywords: Labour supply; Elasticitis; Gender; Pseudopanel (search for similar items in EconPapers)
JEL-codes: J10 J20 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2012-11
New Economics Papers: this item is included in nep-dem and nep-lab
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https://hdl.handle.net/20.500.12008/4214

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Persistent link: https://EconPapers.repec.org/RePEc:ulr:wpaper:dt-18-12

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