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This paper considers the treatment of endogenous explanatory variables in the work of the Cowles Commission and in Carl Christ's classic 1966 textbook, and certain problems that arise when this approach is followed in areas such as the study of female labor supply where a prior knowledge is...
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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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Economists have devoted considerable effort to analyzing wage effects on labor supply behavior. This research has broad policy implications since many government tax and transfer programs alter the wage rates that workers receive, or alter their perception of the value of the wages received....
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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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