NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Does Indivisible Labor Explain the Difference Between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities

Raj Chetty, Adam Guren, Dayanand S. Manoli, Andrea Weber

NBER Working Paper No. 16729
Issued in January 2011

---- Acknowledgements -----

We would like to thank Daron Acemoglu, Mark Bils, Richard Blundell, Gregory Bruich, David Card, John Friedman, Bob Hall, Greg Mankiw, Jonathan Parker, Luigi Pistaferri, Richard Rogerson, Robert Shimer, Michael Woodford, Danny Yagan, Susan Yang, and the conference participants for helpful comments. We are extremely grateful to Peter Ganong and Jessica Laird for outstanding research assistance. Thanks to Richard Rogerson and Johanna Wallenius for sharing their simulation code. Funding was provided by the Lab for Economic Applications and Policy at Harvard University and the National Science Foundation. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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