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The problem is clearly not labour supply.
"That's a story about labour supply," Vigdor said.
First, we investigate whether taxes generally matter for the labour supply decisions of our respondents.
Our conclusion is that the effects of taxes on labour supply in Germany are likely small.
We evaluate the impact of this unique schooling policy on maternal labour supply.
Second, we look at self-reported labour supply adjustments following a recently enacted payroll tax change.
After the 2001 recession, productivity growth accelerated again, while the growth of labour supply slowed sharply.
Few economists dispute that lower tax rates boost labour supply and investment.
It's just that the message is a depressing one: America's labour supply may be permanently stunted.
(It could also encourage people to register as unemployed, without affecting underlying labour supply).
Historically, explanations of wage determination typically relied on unemployment to measure excess labour supply.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com