From Individual to Aggregate Labor Supply: A Quantitative Analysis Based on a Heterogeneous Agent Macroeconomy

By Yongsung Chang, Sun Bin Kim. 2006

300 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/5b4146068deb7ba4ba655c3d72fb680229d9231b

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In Economics and Econometrics

Citations in the corpus

Elimination of Social Security in a Dynastic Framework (2004, background): “Chang and Kim (2003) study the mapping from individual to aggregate labor supply using a general equilibrium heterogeneous-agent model with incomplete markets.”
Matlab code for The Labor-Supply Elasticity and Borrowing Constraints: Why Estimates are Biased (2001, background): “5 In work parallel to ours, Chang and Kim (2003) also use artificial data to examine estimates of the labor-supply”
Taxation and Household Labour Supply (2012, methodology): “048 Calibrated - matches child care expenditure for old (5-14) children”
Reconciling micro and macro estimates of the Frisch labor supply elasticity (2012, unknown): “These alternative studies include Rogerson and Wallenius (2013), Chang et al. (2011), Imai and Keane (2004), Pistaferri (2003), Chetty (2012), Domeij and Floden (2006), and Contreras and Sinclair (2008) (see Keane and Rogerson (2011) for a review of this strand of the literature).”
Does Indivisible Labor Explain the Difference between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities (2013, unknown): “, Hansen 1985; Rogerson 1988; Cho and Rogerson 1988; Christiano and Eichenbaum 1992; Cho and Cooley 1994; King and Rebelo 1999; Chang and Kim 2006; Ljungqvist and Sargent 2006; Prescott, Rogerson, and Wallenius 2009; Rogerson and Wallenius 2009).9 If individuals cannot freely choose hours of work or”
Micro and Macro Labor Supply Elasticities: A Reassessment of Conventional Wisdom (2012, background): “A third line of work, represented by Chang and Kim (2006, 2007), shows that, in a model with an active extensive margin, the extent of heterogeneity in the economy is an important influence on the aggregate labor supply elasticity.”
Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations (2010, methodology): “Chang and Kim (2006) utilize a computational method that is similar to ours.”
Gross Worker Flows over the Business Cycle (2017, methodology): “Alternatively, our model can be viewed as adding frictions to the labor supply model of Chang and Kim (2006), which features idiosyncratic shocks, indivisible labor, and incomplete markets.”