Flexible Labor Supply Models

Discrete-choice models of labor supply have become very popular for ex ante evaluations of policy reforms as they easily account for non-convex budget sets. We test the constraints imposed in practice on these models and suggest a fully flexible model that significantly improves fit.

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Year of publication:	2009-07
Authors:	Bargain, Olivier
Institutions:	Institute for the Study of Labor (IZA)
Subject:	labor supply \| multinomial logit \| taxation

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Extent:	application/pdf
Series:	IZA Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	published in: Economics Letters, 2009, 105 (1), 103-105 Number 4281 2009 pages
Classification:	H31 - Household ; J22 - Time Allocation and Labor Supply
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005103256