Are long-term wage elasticities of labor supply more negative than short-term ones?

Kirk Doran

Economics Letters, 2014, vol. 122, issue 2, 208-210

Abstract: Standard models imply that the wage-elasticity of labor supply is more negative the longer a wage change lasts. I observe decreasing daily hours during short-term wage increases, but not during a long-term one: daily income goals adjusted in the long-term.

Keywords: Labor supply; Behavioral economics; Hours constraints (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (21)

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Working Paper: Are Long-term Wage Elasticities of Labor Supply More Negative than Short-term Ones? (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:122:y:2014:i:2:p:208-210

DOI: 10.1016/j.econlet.2013.11.023

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