Löffler, Max; Peichl, Andreas; Siegloch, Sebastian - 2013 - Work in progress, This version: February 27, 2013
Although discrete hours choice models have become the workhorse in labor supply analyses. Yet, they are often criticized for being a black box due to their numerous underlying modeling assumptions, with respect to, e.g., the functional form, unobserved error components or several exogeneity...