منابع مشابه
Intertemporal Labor Supply and Human Capital Accumulation ∗
We solve and estimate a dynamic model that allows agents to optimally choose their labor hours and consumption and that allows for both human capital accumulation and savings. Estimation results and simulation exercises indicate that the intertemporal elasticity of substitution is much higher than the conventional estimates and the downward bias comes from the omission of the human capital accu...
متن کاملIntertemporal Substitution or Reference-Dependent Preferences? Evidence from Daily Labor Supply of South Indian Boat-owners
We study the labor supply of South Indian boat-owners using daily data on labor force participation and the value of catches from 2000 to 2007. Our panel is among the most extensive ever used for this purpose and the rst to pertain to a non-service related occupation in a developing country. Our analysis compares two hypotheses about the response of labor supply to increases in wages and incom...
متن کاملIntertemporal Labor Supply and Long-Term Employment Contracts
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متن کاملTechnical Appendix for: Intertemporal Labor Supply with Search Frictions
This technical appendix is a companion of main article. In Section 2 we show how to rewrite the Bellman equations in steady state in terms of de-trended variables. In Section 3 we detail the computational algorithm to solve for the policy functions of the problem faced by employed and unemployed workers, for given equilibrium quantities. Then, in subsections 3.2 and 3.1 we discuss how we solve ...
متن کاملDiscussion Papers Intertemporal Labor Supply Effects of Tax Reforms
In the year 2000, the German government passed the most ambitious tax reform in post-war German history aiming at a significant tax relief for households. One central aim of this tax reform was to improve work incentives and, thereby, foster employment. In this paper, I estimate an intertemporal discrete choice model of female labor supply that allows to analyze the behavioral effects of the ta...
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ژورنال
عنوان ژورنال: Econometrica
سال: 1988
ISSN: 0012-9682
DOI: 10.2307/1911075