Are Micro and Macro Labor Supply Elasticities Consistent? A Review of Evidence on the Intensive and Extensive Margins

Authors: Raj Chetty, Adam Guren, Day Manoli,  Andrea Weber

This paper compares microeconometric evidence on labor supply elasticities to evidence from macroeconomic models.

Chetty, Raj, Adam Guren, Day Manoli, and Andrea Weber. “Are micro and macro labor supply elasticities consistent? A review of evidence on the intensive and extensive margins.” The American Economic Review 101, no. 3 (2011): 471-475.