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The aggregate Frisch elasticity of labor supply has played a key role in business cycle analysis. This paper develops a statistical aggregation procedure which allows for worker heterogeneity in observables and unobservables and is applicable to an individual labor supply function with...
Persistent link: https://www.econbiz.de/10010204508
This paper investigates trends and changes in the structural composition of women's weekly market hours worked in former West-Germany using aggregate time-series data from the German micro census from 1957 until 2002. Aggregate weekly hours worked per workingage woman are decomposed into hours...
Persistent link: https://www.econbiz.de/10002351787
We present a model of the time-allocation decision of spouses in order to study the role of heterogeneity in preferences and wages for couples' labor supply. Spouses differ in their tastes for market consumption and non-market goods and activities, and also in their offered or earned wages. They...
Persistent link: https://www.econbiz.de/10012550274