A New Determinant of Neighborhood Supply Elasticity: Ownership Constraints

2021 ◽  
Author(s):  
Ren Ren ◽  
Siu Kei Wong ◽  
Kwong Wing Chau
Keyword(s):  
Supply Elasticity

On the Concept of the Foreign Exchange Multiplier

1975 ◽  
Vol 14 (2) ◽  
pp. 233-237
Author(s):  
J. Diamond
Keyword(s):  
Foreign Exchange ◽  
Realistic Model ◽  
Domestic Production ◽  
Supply Elasticity ◽  
Aggregate Supply ◽  
Multiplier Effect ◽  
Special Case

Although in recent years there has been increasing recognition of the import¬ance of intermediary imports, the conventional Keynesian treatment of aggregate " supply has-generally been adopted. By assuming supply elasticity and conditions of over-production, such imports are treated as a leakage and-therefore deflationary. This paper investigates another special case which may be a more realistic model for many industrialising economies like Pakistan. Namely, J,y assuming supply bottlenecks and the technical dependence of domestic production on imported inputs, an increase in imports may be inflationary and have an import or foreign exchange multiplier effect.

scholarly journals Kwacha Gonna Do? Experimental Evidence about Labor Supply in Rural Malawi

2016 ◽  
Vol 8 (1) ◽  
pp. 129-149 ◽  
Author(s):  
Jessica Goldberg
Keyword(s):  
Labor Market ◽  
Field Experiment ◽  
Labor Supply ◽  
Experimental Evidence ◽  
Wage Distribution ◽  
Wage Elasticity ◽  
Supply Elasticity ◽  
Labor Supply Elasticity ◽  
Job Offers ◽  
Daily Wage

I use a field experiment to estimate the wage elasticity of employment in the day labor market in rural Malawi. Once a week for 12 consecutive weeks, I make job offers for a workfare-type program to 529 adults. The daily wage varies from the tenth to the ninetieth percentile of the wage distribution, and individuals are entitled to work a maximum of one day per week. In this context (the low agricultural season), 74 percent of individuals worked at the lowest wage, and consequently the estimated labor supply elasticity is low (0.15), regardless of observable characteristics. (JEL C93, J22, J31, O15, O18, R23)

Labour supply behaviour of married women in Toronto

2016 ◽  
Vol 43 (3) ◽  
pp. 418-431 ◽  
Author(s):  
Wasanthi Thenuwara ◽  
Bryan Morgan
Keyword(s):  
Labour Supply ◽  
Labour Force ◽  
Estimation Procedure ◽  
Married Women ◽  
Least Square ◽  
Step Method ◽  
Content Type ◽  
Supply Elasticity ◽  
Using Data ◽  
The Unemployed

Purpose – The purpose of this paper is to investigate the connection between labour supply and the wages of married women of different ages in Toronto using data from the 2010 Labour Force Survey of Canada. Design/methodology/approach – The authors employ three econometric techniques, ordinary least square, 2 stage least square and the Heckman two-step method to estimate the supply elasticities. The first two focus on the wage rate and hours conditional on the subjects being employed whereas the third method controls for sample selectivity bias by including the unemployed. Bootstrap test statistics are produced when the normality assumption for the error terms is found to be violated. Findings – The aggregate labour supply elasticity for married women in Toronto is estimated to be 0.053 which similar to value found for Canada for a whole in a previous study even though Toronto is much more diverse culturally than average. The labour supply elasticities for 25-34 year old and 35-44 year old married are estimated to be 0.108 and 0.079, respectively. The supply elasticity for married women aged 45-59 is not significantly different from 0. Originality/value – The paper shows that younger married women in Toronto are more responsive to an increase in wages than older women. The estimation procedure and the testing of the significance of coefficients are more rigorous than previous studies.

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