Original scientific paper

Income Elasticity of Labor Supply

Dinko Dubravčić

Abstract

The paper introduces a model of households' market activities with special emphasis on choices of the kind of labor households are willing to supply at different levels of income. Possible consequences of income-elastic supply of labor to various occupations with respect to migrations, international trade, technological progress and structural aspects of economic growth are investigated.

Keywords

households; labor supply; income elasticities; structural aspects of economic growth

Hrčak ID:

18572

URI

https://hrcak.srce.hr/18572

Publication date:

15.7.2004.

Article data in other languages: croatian

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