Frisch elasticity

GPTKB entity

Statements (16)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:appliesTo labor economics
gptkbp:assumes constant marginal utility of wealth
gptkbp:contrastsWith gptkb:Hicksian_elasticity
Marshallian elasticity
gptkbp:describes labor supply responsiveness
https://www.w3.org/2000/01/rdf-schema#label Frisch elasticity
gptkbp:measures labor supply elasticity
percentage change in hours worked
percentage change in wage rate
gptkbp:namedAfter gptkb:Ragnar_Frisch
gptkbp:relatedTo intertemporal labor supply
gptkbp:usedBy gptkb:economist
gptkbp:usedIn macroeconomic models
gptkbp:bfsParent gptkb:Ragnar_Frisch
gptkbp:bfsLayer 6