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We provide a framework for the estimation of the impact of fertility timing on female long-term labor supply, measured as labor market work duration. We show that the genuine treatment is waiting time to birth rather than birth per se. In the application we control for the joint decision of...
Persistent link: https://www.econbiz.de/10011719067
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/10010284279
This chapter discusses identification of common selection models of the labor market. We start with the classic Roy model and show how it can be identified with exclusion restrictions. We then extend the argument to the generalized Roy model, treatment effect models, duration models, search...
Persistent link: https://www.econbiz.de/10008660551
This chapter discusses identification of common selection models of the labor market. We start with the classic Roy model and show how it can be identified with exclusion restrictions. We then extend the argument to the generalized Roy model, treatment effect models, duration models, search...
Persistent link: https://www.econbiz.de/10014191805
Large-scale social experiments were pioneered in labor economics and are the basis for much of what we know about topics ranging from the effect of job training to incentives for job search to labor supply responses to taxation. Random assignment has provided a powerful solution to selection...
Persistent link: https://www.econbiz.de/10014023418
Turkish economic growth has been characterized by periodic crises since financial liberalization reforms were enacted in the early 1990s. Given the phenomenally low female labor force participation rate in Turkey (one of the lowest in the world) and the limited scope of the country's...
Persistent link: https://www.econbiz.de/10009791594
In this study, we investigate the role of matrilineal kinship norms for gender gaps in labor market outcomes. We analyze the implementation of a reform that significantly altered the customary inheritance system by restricting practices within matrilineal ethnic groups, while those of...
Persistent link: https://www.econbiz.de/10015403331
Commonly used frictional models of the labor market imply that changes in frictions have large effects on steady state employment and unemployment. We use a model that features both frictions and an operative labor supply margin to examine the robustness of this feature to the inclusion of an...
Persistent link: https://www.econbiz.de/10011719057
We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...
Persistent link: https://www.econbiz.de/10010280680
This article studies the asset pricing and the business cycle implications of habit formation in a production economy with capital adjustment costs and endogenous labor supply. A specification of internal habit in the mix of consumption and leisure which minimizes the wealth effect on labor...
Persistent link: https://www.econbiz.de/10011605209