Showing 1 - 10 of 5,549
The purpose of this paper is to assess the determinants of female labour supply in science, technology, engineering and mathematics (STEM). To account for selection problems, a special type of grouping estimator and a control function approach are implemented. Using data from EU-SILC, the author...
Persistent link: https://www.econbiz.de/10011279604
We develop a method for distributional regression of joint multidimensional choice on nonlinear prices departing from a household model of labor supply that focuses on tax policy effects. Our distribution functions are derived under minimal theoretical assumptions and have a simple structure. We...
Persistent link: https://www.econbiz.de/10011800753
This paper proposes new ℓ1-penalized quantile regression estimators for panel data, which explicitly allows for individual heterogeneity associated with covariates. We conduct Monte Carlo simulations to assess the small sample performance of the new estimators and provide comparisons of new...
Persistent link: https://www.econbiz.de/10010238040
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in estimates especially between micro and macro models are recently attributed to frictions and adjustment costs, we show that the variation in elasticities derived from structural labor...
Persistent link: https://www.econbiz.de/10012923202
We examine the importance of possible non-random attrition to an econometric model of life cycle labor supply including joint nonlinear taxation of wage and interest incomes and latent heterogeneity. We use a Wald test comparing attriters to nonattriters and variable addition testing based on...
Persistent link: https://www.econbiz.de/10014184367
There is a long standing controversy over the magnitude of the Frisch labor supply elasticity. Macro economists using DSGE models often calibrate it to be large, while many micro data studies find it is small. Several papers attempt to reconcile the micro and macro results. We o ff er a new...
Persistent link: https://www.econbiz.de/10014087503
There are large differences between the microeconometeric estimates of the Frisch labor supply elasticity (0-0.5) and the values used by macroeconomists to calibrate general equilibrium models (2-4). The microeconometric estimates of the Frisch are typically estimated by regressing changes in...
Persistent link: https://www.econbiz.de/10013088973
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/10013319058
This paper considers an alternative way of structuring stochastic variables in a dynamic programming framework where the model structure dictates that numerical methods of solution are necessary. Rather than estimating integrals within a Bellman equation using quadrature nodes, we use nodes...
Persistent link: https://www.econbiz.de/10012968342
The purpose of this paper is to assess the determinants of female labour supply in science, technology, engineering and mathematics (STEM). Using data from the European Statistics on Income and Living Conditions (EU-SILC), the author finds that women in STEM work more hours, but have a higher...
Persistent link: https://www.econbiz.de/10010338952