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This is a survey of applied econometric research on the effects of children on female labor supply. Reasons for interest in the topic, and a basic model and terminology, are reviewed. Concerns are raised about the possible endogeneity of child status variables, and about the instrumental...
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In Lintner's model of the dividend behavior of firms the change in dividends is a function of current earnings and the lagged dividends. We show that under a rational expectations hypothesis of management behavior the change-in-dividends equation should include lagged earnings as an additional...
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Most micro-labour supply models presented in the literature embody the implicit assumption that the coefficients of the explanatory variables are stable over the range of variation for annual hours of work. In this paper we discuss reasons why this may not be true. A two-stage consistent...
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