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UID:9d26d1a64aa8c281a140eaabe37bec02
CATEGORIES:Seminars
CREATED:20161216T180346
SUMMARY:Timo Boppart - IIES Stockholm University
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p style="text-align: justify;"><strong>Labor Supply in the Past, Present, 
 and Future: A Balanced Growth Perspective<br /> </strong><br /> Abstract:</
 p><p style="text-align: justify;">In this paper we propose a neoclassical t
 heory of labor supply. We revisit the empirical question whether labor supp
 ly is constant in the long run. We find that the answer to that question is
  far from obvious and a decline at constant rate appears to be a reasonable
  alternative. We then proof a theorem of the most general functional form o
 f balanced growth preferences without restricting long-run hours to be cons
 tant. We illustrate some special cases of our utility class and highlight p
 otential applications in which the generalization matters.</p>
DTSTAMP:20260404T184621Z
DTSTART:20151109T173000Z
DTEND:20151109T190000Z
SEQUENCE:0
TRANSP:OPAQUE
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