Commute Time and Labor Supply

Electric Networks and Commute Time

The equivalence of random walks on weighted graphs with reversible Markov chains has long been known. Another such correspondence exists between electric networks and these random walks. Results in the language of random walks have analogues in the language of electric networks and visa versa. We outline this correspondence and describe how to translate several of the major terms of electric ne...

Relative Pay and Labor Supply

The authors use a laboratory experiment to examine the impact of relative wages on labor supply. They test the hypothesis that, ceteris paribus, making a given wage high (low) relative to other wage levels will lead to an increase (decrease) in labor supply. They find that labor supply does respond significantly to relative pay, and in the expected direction. However, when a strong enough reaso...

Taxation and Labor Supply Decisions:

Loss Aversion and Labor Supply

Loss Aversion and Labor Supply In many occupations workers’ labor supply choices are constrained by institutional rules regulating labor time and effort provision. This renders explicit tests of the neoclassical theory of labor supply difficult. Here we present evidence from studies examining labor supply responses in “neoclassical environments” in which workers are free to choose when and how ...

Welfare Programs and Labor Supply

The labor supply and other work incentive effects of welfare programs have long been a central concern in economic research. Work has also been an increasing focus of policy reforms in the U.S., culminating with a number of major policy changes in the 1990s whose intent was to increase employment and earnings levels of welfare recipients and other disadvantaged individuals. This paper reviews t...