ISSN: 0137-3056


MoSaHE points:

13



Editor in chief:
prof. dr hab. Tomasz Żylicz
tzylicz@wne.uw.edu.pl

Editorial assistant:
Marta Höffner
ekonomia@wne.uw.edu.pl
(48) 22 55 49 184

Publisher:



Aggregation with a Double Non-Convex Labor Supply Decision: Indivisible Private- and Public-Sector Hours

A. Vasilev

ABSTRACT: This paper explores the problem of non-convex labor supply decisions in an economy with both private and public sector jobs. To this end, Hansen (1985) and Rogerson’s (1988) indivisible-hours framework is extended to an environment featuring a double discrete labor choice. The novelty of the study is that the micro-founded representation obtained from explicit aggregation over homogeneous individuals features different disutility of labor across the two sectors, which is in line with the observed difference in average wage rates (OECD 2011). Therefore, this theory-based utility function could be utilized to study labor supply responses over the business cycle.

Full text (PDF)


Issue number: 47

In this issue:

Underestimated or Overestimated: Matching Funtion Elasticities Biased Due to Worker Inflows and Outflows
E. Gałecka-Burdziak
ABSTRACT | PDF
Do Entrants Take It All? The Evolution of Task Content of Jobs in Poland
W. Hardy, R. Keister, P. Lewandowski
ABSTRACT | PDF
Does It Pay to Invest in the Education of Children?
J. Liwiński, E. Bedyk
ABSTRACT | PDF
Applying Exogenous Variables and Regime Switching to Multi-Factor Models on Equity Indices
P. Sakowski, R. Ślepaczuk, M. Wywiał
ABSTRACT | PDF
Aggregation with a Double Non-Convex Labor Supply Decision: Indivisible Private- and Public-Sector Hours
A. Vasilev
ABSTRACT | PDF
Revisiting Conventional Wisdom: Does Financialization Have to Leave Sovereigns Subordinated?
A. Ząbkowicz, S. Czech
ABSTRACT | PDF
SEARCH:



2017
2016 2015 2014 2013 2012 2011 2009 2008 2007 2005 2004 2003 2002 2001