How do biases such as overconfidence and procrastination affect these decisions?
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what is labour supply analysis Informational
- How are econometric techniques used to estimate labour supply elasticities and other key parameters? What are some recent trends and challenges in labour supply in developed countries, such as aging populations and declining participation rates among certain demographic groups?
- How does the reservation wage affect labour supply decisions?
- Under what conditions might the labour supply curve be backward-bending?
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- What factors affect the elasticity of labour supply? How does taxation affect labour supply decisions?
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- What is the impact of social stigma associated with unemployment or certain types of jobs on labour market behaviour? How do the legal and regulatory frameworks governing self-employment and independent contracting affect the size and characteristics of the gig economy and the overall supply of labour through these channels?
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