Showing 38,531 - 38,540 of 38,867
We model educational investment and labour supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. Following Rosen (1983), we show that there are private increasing returns to education...
Persistent link: https://www.econbiz.de/10005497970
This paper considers optimal educational investment and labour supply with increasing returns to scale in the earnings function In so doing we develop the work of Rosen (1983), who first highlighted the increasing returns argument that arises because private returns to human capital investment...
Persistent link: https://www.econbiz.de/10005497988
An analysis of hourly pay that allows for the choice of whether to work full-time, part-time or not at all (using the 1980 Women in Employment Survey) finds significant sample selection bias for women in full-time jobs. Part of the observed differential between the hourly pay of full-timers and...
Persistent link: https://www.econbiz.de/10005498008
Budget constraints are drawn up for annual hours and net pay, typically composed of two linear segments: 'benefit-constrained', where extra work forfeits benefit and 'normal', where extra work is subject to the standard marginal tax rate. There are additional linear segments for those on upper...
Persistent link: https://www.econbiz.de/10005504260
The Paper investigates the relationship of work and family life in Britain. Using hazard regression techniques we estimate a five-equation model, which includes birth events, union formation, union dissolution, employment and non-employment events. The model allows for unobserved heterogeneity...
Persistent link: https://www.econbiz.de/10005504302
This Paper suggests that skill accumulation through past work experience, or ‘learning-by-doing’ (LBD), can provide an important propagation mechanism in a dynamic stochastic general equilibrium model, as the current labour supply affects future productivity. Our econometric analysis uses a...
Persistent link: https://www.econbiz.de/10005504303
We present identification and estimation results for the 'collective' model of labour supply in which there are discrete choices, censoring of hours and non-participation in employment. We derive the collective restrictions on labour supply functions and contrast them with restrictions implied...
Persistent link: https://www.econbiz.de/10005504396
Using the Dutch Labour Force Survey 1991-2001, the authors investigate the incidence of part-time employment in the country with the highest part-time employment rate of the OECD countries. Women fulfil most part-time jobs, but a considerable fraction of men works part-time as well. Evidence...
Persistent link: https://www.econbiz.de/10005504407
The paper uses BHPS waves 1–5 (1991–5) to compare paid work participation rates of men and women. Year-on-year persistence in paid work propensities is high, but greater for men than women. Non-work persistence is higher for women. Using panel data probit regression models, the paper also...
Persistent link: https://www.econbiz.de/10005504535
This paper compares two articles by Lionel Robbins (1930) and by Dennis H. Robertson (1921) on the topic of labour supply. Robertson's article is shown to anticipate the main results of Robbins's seminal article. Yet, Robertson covers a number of other issues (e.g. constraints on hours worked...
Persistent link: https://www.econbiz.de/10005505362