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In this paper we discuss a general framework for analyzing labor supply behavior in the presence of complicated budget- and quantity constraints of which some are unobserved. The individual’s labor supply decision is viewed as a choice from a set of discrete alternatives (jobs). These jobs are...
Persistent link: https://www.econbiz.de/10004980625
In this paper we discuss a general framework for analyzing labor supply behavior in the presence of complicated budget- and quantity constraints of which some are unobserved. The point of departure is that an individual’s labor supply decision can be considered as a choice from a set of...
Persistent link: https://www.econbiz.de/10004980947
In this paper, we discuss aspects of a particular framework for modeling labor supply and the application of this approach in practical policy simulation experiments. This modeling framework differs from the standard models of labor supply in that the notion of job choice is fundamental....
Persistent link: https://www.econbiz.de/10004980664
Traditional labor supply analysis is based on the assumption that workers only have preferences over consumption and hours of work, and are able to choose consumption and hours freely within the budget constraint. Recently, various discrete choice versions of the traditional approach (with...
Persistent link: https://www.econbiz.de/10004980801
Models of labor supply derived from stochastic utility representations and discretized sets of feasible hours of work have gained popularity because they are more practical than standard approaches based on marginal calculus. In this paper we argue that practicality is not the only feature that...
Persistent link: https://www.econbiz.de/10010678264
This paper discusses a modeling framework in which workers are assumed to choose their preferred job from latent worker-specific choice sets. This point of departure yields a framework that formalizes the widely used ad hoc approaches (fixed cost of working and dummies at peak hours) in the...
Persistent link: https://www.econbiz.de/10010678295
This paper discusses aspects of a framework for modeling labor supply where the notion of job choice is fundamental. In this framework, workers are assumed to have preferences over latent job opportunities belonging to worker-specific choice sets from which they choose their preferred job. The...
Persistent link: https://www.econbiz.de/10010933532
This paper analyzes the properties of a particular sectoral labor supply model developed in Dagsvik and Strøm (2006). The model is estimated on labor supply data for married women in Norway 1994. In this model, workers have preferences over sectors and latent job attributes. Moreover, the model...
Persistent link: https://www.econbiz.de/10004980591
During the last two decades, the discrete-choice modelling of labour supply decisions has become increasingly popular, starting with Aaberge et al. (1995) and van Soest (1995). Within the literature adopting this approach there are however two potentially important issues that are worthwhile...
Persistent link: https://www.econbiz.de/10004980824
In this paper we use a parental leave reform directed towards fathers to identify the causal effects of paternity leave on children's and parents' outcomes. We document that paternity leave causes fathers to become more important for children's cognitive skills. School performance at age 16...
Persistent link: https://www.econbiz.de/10009143520