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This paper examines how Frisch labor supplies, and other structural components of the intertemporal model of labor supply, can be recovered from estimates obtained with the approach developed by Heckman and MaCurdy. -- labor supply ; Frisch ; life cycle ; identification
Persistent link: https://www.econbiz.de/10003323161
The present paper develops a theoretical model of labor supply with domestic production. It is shown that the structural components of the model can be identified without a distribution factor, thereby generalizing the initial results of Apps and Rees (1997) and Chiappori (1997). The theoretical...
Persistent link: https://www.econbiz.de/10003965636
Household collective models celebrate their thirtieth birthday. The collective approach constitutes, perhaps, the microeconomics topic that has produced the largest number of papers (both published and in working paper/mimeo formats) during the last three decades, beginning with the seminal...
Persistent link: https://www.econbiz.de/10011946430
In this paper, we deal with female labour supply in the collective framework. We study married couples and start from the empirical observation that the husband's labour supply is generally fixed at full-time. We then show that, in this case, structural elements of the decision process, such as...
Persistent link: https://www.econbiz.de/10002654226