- DIFFERENTIAL RESPONSES OF LABOR SUPPLY ACROSS PRODUCTIVITY GROUPS

Lilia Maliar and Serguei Maliar

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: There is a substantial amount of microeconomic evidence documenting diferential responses oflabor supply across productivity groups. In partic-ular, more productive individuals: (i) enjoy ahigher employment rate, (ii) have a lower volatility of employment and (iii) spend less time workingat home. This paper constructs a real business cycle model with permanent heterogeneity inindividual productivity. We calibrate the model with five productivity groups to match keyaggregate features of the U.S. economy. We find that the model delivers most of the properties ofthe data.

Keywords: Ex-ante heterogeneity; Indivisible labor; Home production (search for similar items in EconPapers)
JEL-codes: D33 J64 J65 (search for similar items in EconPapers)
Pages: 31 pages
Date: 1999-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published by Ivie

Downloads: (external link)
http://www.ivie.es/downloads/docs/wpasad/wpasad-1999-22.pdf Fisrt version / Primera version, 1999 (application/pdf)

Related works:
Journal Article: Differential Responses of Labor Supply across Productivity Groups (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:1999-22

Access Statistics for this paper

More papers in Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) Contact information at EDIRC.
Bibliographic data for series maintained by Departamento de Edición ().