>  labor supply elasticity is near-zero...
>     Prof. Bryan Caplan

Does this take into account when workers can choose to work overtime, take
more or less vacation, retire earlier or later, have a second household
worker employed or not, have a second job or not, take time off without pay
or not?

Does this take into account that workers may migrate or change their
commute destination?

Also, if labor has a fixed supply, does this include the premium for human

Fred Foldvary


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