Labor Supply within the Firm
提出一个关于收入和劳动时间的理论，解释为何员工个体冲击对工作时间影响小，而企业整体冲击影响大，并利用企业-员工匹配数据估计出弗里斯弹性约为0.5。
There is substantial variation in working time even within employer-employee matches, yet estimates of the Frisch elasticity of labor supply can be near zero. This paper proposes a tractable theory of earnings and working time to interpret these observations. Production complementarities attenuate the response of working time to idiosyncratic, or worker-specific, shocks, but firm-wide shocks are mediated by preference parameters. The model can be identified using firm-worker matched data, revealing a Frisch elasticity of around 0.5. A quasi-experimental approach that exploits only idiosyncratic variation would find an elasticity less than half this.