Does Indivisible Labor Explain the Difference between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities

Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective∗

The Solution and Estimation of Dis- Crete Choice Dynamic Programming Models by Simulation and Interpolation: the Structural Estima- Tion of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications. " Chapter 4 in Handbook of Labor Economics Volume 4a

extensive margin: Marco Bianchi, Björn R. Gudmundsson, Gylfi Zoega. “Iceland’s Natural Experiment in Supply-Side Economics.” AER 91(5) 2001, pp. 1564-1579. Raj Chetty, Adam Guren, Day Manoli, and Andrea Weber. “Does Indivisible Labor Explain the Di¤erence between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities.” NBER Macroeconomics Annual 2012. Day Manoli and Andr...

Bounds on Elasticities with Optimization Frictions: A Synthesis of Micro and Macro Evidence on Labor Supply∗

I derive bounds on price elasticities in a dynamic model that is mis-specified due to optimization frictions such as adjustment costs or inattention. The bounds are a function of the observed effect of a price change on demand, the size of the price change, and the degree of frictions. I measure the degree of frictions by the utility losses agents tolerate to make choices that deviate from the ...

Adjustment Costs, Firm Responses, and Micro vs. Macro Labor Supply Elasticities: Evidence from Danish Tax Records.

We show that the effects of taxes on labor supply are shaped by interactions between adjustment costs for workers and hours constraints set by firms. We develop a model in which firms post job offers characterized by an hours requirement and workers pay search costs to find jobs. We present evidence supporting three predictions of this model by analyzing bunching at kinks using Danish tax recor...

response articles: micro and macro analysis

the present study reports an analysis of response articles in four different disciplines in the social sciences, i.e., linguistics, english for specific purposes (esp), accounting, and psychology. the study has three phases: micro analysis, macro analysis, and e-mail interview. the results of the micro analysis indicate that a three-level linguistic pattern is used by the writers in order to cr...