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, we find that household characteristics explain about 25% of the dispersion in wages within an age group in all three … countries. Second, the cross-sectional variance of wages is almost linearly increasing in household age in all three countries … ; heterogeneity ; wages …
Persistent link: https://www.econbiz.de/10003896465
This paper investigates the pattern of wives' hours disaggregated by the husband's wage decile. In the US, this pattern has changed from downward-sloping to hump-shaped. We show that this development can be explained within a standard household model of labor supply when taking into account...
Persistent link: https://www.econbiz.de/10008806557