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We study the labor supply dynamics of elderly couples by means of a structural collective model. The model allows for general externalities with respect to spouses' leisure. Preferences and the intrahousehold bargaining process are identified by using panel data with couples and individuals who...
Persistent link: https://www.econbiz.de/10002352153
We investigate the effect of skin tone on employment probabilities in a longitudinal data set. Using an objective … tone on employment has diminished. These results hold both across the white and African-American samples as well as within … attributed to African-American women; there are no changes in the employment probabilities for African-American men in the 15 …
Persistent link: https://www.econbiz.de/10008806452
We look at the effect of the 2000 repeal of the earnings test above the normal retirement age (NRA) on retirement expectations of male workers in the Health and Retirement Study (HRS). Using administrative records on Social Security benefit entitlements linked to the HRS survey data, we can...
Persistent link: https://www.econbiz.de/10003609614
We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that technological change along with the increase in the...
Persistent link: https://www.econbiz.de/10003925549
parliamentary systems, such as larger public employment, and more equitable income distribution. -- economic development …
Persistent link: https://www.econbiz.de/10009575381
and foreign crackdowns on illicit employment mutually reinforce or counteract one another in efforts to stem the tide of …
Persistent link: https://www.econbiz.de/10009523461
We estimate a structural dynamic programming model of schooling decisions with unobserved heterogeneity in school ability and market ability on a sample taken from the National Longitudinal Survey of Youth (NLSY). Both the instantaneous utility of attending school and the wage regression...
Persistent link: https://www.econbiz.de/10011411639
We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set in a random coefficient framework. The model allows for absolute and comparative advantages in the labor market and assumes that the population is composed of 8 unknown...
Persistent link: https://www.econbiz.de/10011411668
experienced in labor market earnings through wage dispersion and employment rate dispersion. We find a low degree of relative risk … aversion (0.9282) and the estimates indicate that both wage and employment rate dispersions decrease significantly with …
Persistent link: https://www.econbiz.de/10011411833
Persistent link: https://www.econbiz.de/10001982769