Showing 1 - 8 of 8
In this paper, two models of individual labor supply are discussed. The first one is the by now classical Hausman-type model with convex piecewise linear budget constraints, in which both random preferences and optimization errors are incorporated by means of normally distributed random...
Persistent link: https://www.econbiz.de/10008598841
Persistent link: https://www.econbiz.de/10010940083
This paper discusses some issues in the empirical implementation of game theoretic models of household labor supply. In particular we focus on the identification problems inherent in many of these models. As an illustration, we estimate a game theoretic model which uses data on preferred working...
Persistent link: https://www.econbiz.de/10008598959
We test two hypotheses about the relationship between age and reported difficulty paying bills or buying things the family needs, such as food, clothing, medicine, and medical care. The affluence-trajectory hypothesis follows from age-group differences ...
Persistent link: https://www.econbiz.de/10008599042
This paper discusses an investigation of the effects of systematic underreporting of income and of sample selectivity on the estimated levels of two subjective definitions of poverty: the so-called subjective poverty line and the Leyden poverty line. Both turn out to have substantially biasing...
Persistent link: https://www.econbiz.de/10008599085
A positive relationship between socioeconomic status and health has been observed over many populations and many time periods. One of the factors mediating this relation is the institutional environment in which people function. We consider longitudinal data from two countries with very...
Persistent link: https://www.econbiz.de/10005010037
We investigate labor supply of married women in Mexico City, using a static neoclassical structural model. By choosing her labor supply and corresponding income, each woman is assumed to maximize a direct translog utility function with family composition variables as taste shifters. We account...
Persistent link: https://www.econbiz.de/10008457599
A static neoclassical structural model is presented, explaining labor supply of both spouses in two adults households. Family preferences are described with a direct translog utility function, with the husband's leisure, the wife's leisure, and family income as its arguments. We assume that the...
Persistent link: https://www.econbiz.de/10008457630