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On the Theory of Labor Supply with Wage Rate Uncertainty
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Menezes, Carmen F. | - |
| dc.contributor.author | Wang, X. Henry | - |
| dc.date.accessioned | 2009-01-22T07:04:55Z | - |
| dc.date.available | 2009-01-22T07:04:55Z | - |
| dc.date.issued | 1999-07 | - |
| dc.identifier.citation | Seoul Journal of Economics, Vol.12 No.3, pp. 227-238 | - |
| dc.identifier.issn | 1225-0279 | - |
| dc.identifier.uri | https://hdl.handle.net/10371/1158 | - |
| dc.description.abstract | Kim (1994) uses the uncertainty counterpart of price compensations to decompose the effect of increased wage uncertainty on labor supply into income and substitution terms. This paper complements Kim's work by formulating the uncertainty counterpart of income compensations commonly used in economic theory. Substitution and income effects based on income compensations are derived and compared to those derived by Kim. Necessary and sufficient conditions on preferences to sign these effects are also provided. | - |
| dc.language.iso | en | - |
| dc.publisher | Institute of Economic Research, Seoul National University | - |
| dc.subject | price compensation | - |
| dc.subject | labor supply | - |
| dc.subject | income compensation | - |
| dc.title | On the Theory of Labor Supply with Wage Rate Uncertainty | - |
| dc.type | SNU Journal | - |
| dc.citation.journaltitle | Seoul Journal of Economics | - |
| dc.citation.endpage | 238 | - |
| dc.citation.number | 3 | - |
| dc.citation.pages | 227-238 | - |
| dc.citation.startpage | 227 | - |
| dc.citation.volume | 12 | - |
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