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Labor supply after transition: evidence from the Czech Republic
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SYSNO ASEP 0363498 Druh ASEP J - Článek v odborném periodiku Zařazení RIV J - Článek v odborném periodiku Poddruh J Článek ve WOS Název Labor supply after transition: evidence from the Czech Republic Tvůrce(i) Bičáková, Alena (NHU-N) RID
Slačálek, J. (CZ)
Slavík, M. (CZ)Zdroj.dok. Finance a úvěr-Czech Journal of Economics and Finance. - : Univerzita Karlova v Praze - ISSN 0015-1920
Roč. 61, č. 4 (2011), s. 327-347Poč.str. 21 s. Forma vydání www - www Jazyk dok. eng - angličtina Země vyd. CZ - Česká republika Klíč. slova labor supply ; transition ; welfare system Vědní obor RIV AH - Ekonomie CEZ AV0Z70850503 - NHU-N (2005-2011) UT WOS 000294072700002 Anotace We extend the scarce evidence on the labor supply in post-transition countries by estimating the wage elasticity of labor force participation in the Czech Republic. Using household income survey data, we find that a one-percent rise in the gross wage increases the probability of working by 0.16 and 0.02 percentage points for women and men, respectively. Taking into account the tax and benefit system, these semi-elasticities fall to 0.06 for women and 0.01 for men. We interpret the difference between the estimates from the two specifications as a summary measure of the welfare system disincentives. The estimated wage elasticities lie at the lower end of the range of values reported for mature market economies. This finding is consistent with the stylized fact that the labor supply in countries with high labor force participation rates, such as the Czech Republic, tends to be less sensitive to wages. Pracoviště Národohospodářský ústav Kontakt Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Rok sběru 2012 Elektronická adresa http://journal.fsv.cuni.cz/storage/1217_str_327_347_-_slacalek.pdf
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