Grodner, Andrzej; Kniesner, Thomas J. - Center for Policy Research, Maxwell School - 2003
October 2005 (Revised from March 2003/February 2004). Our research examines the effect of interdependence on estimation and interpretation of earnings/labor supply equations. We consider the cases of (1) a positive spillover from others’ labor supplied and (2) a need for conformity with...