labor supply elasticity
C20358
concept
Labor supply elasticity is a measure of how responsive the amount of labor workers are willing to offer (such as hours worked or participation) is to changes in wages or other economic incentives.
All labels observed (1)
| Label | Occurrences |
|---|---|
| labor supply elasticity canonical | 1 |
Description generation (CDg)
The one-sentence description above was generated by prompting gpt-5.1 with the class name and this instruction.
Instruction
generate a one-sentence description for a given conceptual class. # Response Format Return only the sentence: "Description: [one-sentence description of the conceptional class]"
Input
Class: labor supply elasticity
Generated description
Labor supply elasticity is a measure of how responsive the amount of labor workers are willing to offer (such as hours worked or participation) is to changes in wages or other economic incentives.
Instances (1)
| Instance | Via concept surface |
|---|---|
| Frisch elasticity of labor supply | — |