Labor Supply Elasticity to the Firm by Task Intensities and Collective Bargaining Coverage
| High Coverage | Low Coverage | Baseline | |
|---|---|---|---|
| Firm-level labor supply elasticity (ϵLw) | |||
| with high RTI | 2.010 | 1.379 | 2.288 |
| with high NRMTI | 1.510 | 1.237 | 1.852 |
| with high NRCTI | 1.044 | 0.387 | 0.985 |
Source: SIAB and BHP 1985–2014. Authors’ calculations.
Notes: Clustered standard errors at the person level in parentheses. Routine task intensity (RTI), nonroutine manual task intensity (NRMTI), and nonroutine cognitive task intensity (NRCTI) are standardized with mean zero and standard deviation one. Thus, for instance workers with low RTI are workers with RTI one standard deviation below the mean, and workers with high RTI are workers with RTI one standard deviation above the mean. Same control variables as in Table 2.