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La elasticidad de oferta laboral de Frisch en economías con alta movilidad laboral

  • Céspedes, Nikita

    (Banco Central de Reserva del Perú)

  • Rendón, Silvio

    (Economics Department at Stony Brook University)

En este documento estimamos la elasticidad de oferta laboral de Frisch en un mercado laboral con significativa movilidad laboral. Lo hacemos usando el estimador de efectos fijos de MaCurdy(1981) con corrección por sesgo de selección a-la-Heckman. La pendiente de oferta laboral queda identificada utilizando variables instrumentales relacionadas con los cambios a lo largo del tiempo de los rendimientos a la educación y con la experiencia, y considerando al tamaño de la empresa como una variable cercana a la demanda de trabajo. Utilizando datos del módulo panel de la Encuesta Permanente de Empleo en Lima Metropolitana hallamos que la elasticidad de Frisch es aproximadamente 0.38, valor que se relaciona con un mercado laboral donde los salarios son relativamente flexibles. Asimismo, esta elasticidad resulta creciente durante la década del 2000.

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Paper provided by Banco Central de Reserva del Perú in its series Working Papers with number 2012-017.

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Date of creation: Oct 2012
Date of revision:
Handle: RePEc:rbp:wpaper:2012-017
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  1. Susumu Imai & Michael P. Keane, 2004. "Intertemporal Labor Supply and Human Capital Accumulation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 45(2), pages 601-641, 05.
  2. Céspedes, Nikita, 2011. "Tendencia de las horas de trabajo en el mercado laboral peruano," Revista Moneda, Banco Central de Reserva del Perú, issue 149, pages 13-17.
  3. Michael Kremer & Eric Maskin, 1996. "Wage Inequality and Segregation by Skill," NBER Working Papers 5718, National Bureau of Economic Research, Inc.
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  8. MaCurdy, Thomas E, 1981. "An Empirical Model of Labor Supply in a Life-Cycle Setting," Journal of Political Economy, University of Chicago Press, vol. 89(6), pages 1059-85, December.
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  10. Cho, Jang-Ok & Cooley, Thomas F., 1994. "Employment and hours over the business cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 18(2), pages 411-432, March.
  11. Céspedes, Nikita & Sánchez, Alan, 2013. "Minimum Wage and Job Mobility," Working Papers 2013-012, Banco Central de Reserva del Perú.
  12. Yongsung Chang & Sun-Bin Kim, 2003. "From Individual to Aggregate Labor Supply: A Quantitative Analysis Based on a Heterogeneous Agent Macroeconomy," Macroeconomics 0307003, EconWPA.
  13. Jovanovic, Boyan, 1979. "Firm-specific Capital and Turnover," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1246-60, December.
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