An econometric model of labor supply
β Scribed by Josef Christl
- Publisher
- Springer US
- Year
- 1982
- Tongue
- English
- Weight
- 678 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0340-8744
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
In this paper we extend Merton's (Rev. Econom. Stud. 42 (1975) 375) classic stochastic version of the Ramsey model by allowing the government to control the expected growth rate of the labor supply. We characterize the solution to this control problem for general time-separable preferences, and deri
## Abstract This paper investigates smallβsample biases in synthetic cohort models (repeated crossβsectional data grouped at the cohort and year level) in the context of a female labor supply model. I use the Current Population Survey to compare estimates when group sizes are extremely large to tho