Extensive and Intensive Margins of Labour Supply: Working Hours in the US, UK and France

Time: 2011, Wednesday May 11, 13.00-14.00 hours
Location: CPB-office, Van Stolkweg 14, The Hague

NOTE: This seminar is on a wednesday !

Presentation: Richard Blundell (UCL & IFS)

Discussant: Rob Euwals (CPB, IZA & Netspar)

Language: English

Registration:  Please register by sending an email to seminars@cpb.nl.

Abstract subject: This paper documents the key stylised facts underlying the evolution of labour supply at the extensive and intensive margins in the last forty years in three countries: United-States, United-Kingdom and France. We develop a statistical decomposition that provides bounds on changes at the extensive and intensive margins. This decomposition is also shown to be coherent with the analysis of labour supply elasticities at
these margins. We use detailed representative micro-datasets to examine the relative importance of the extensive and intensive margins in explaining the overall changes in total hours worked. We also present some initial estimates of the broad distribution of implied elasticities and their implication for the overall aggregate hours elasticity.

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