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Labor supply

Labor supply. Structural models 1st Generation models with selection-effects modeled. Data. Z ={Age,age squared, Number of children not in school/kindergarten, number of children in kindergarten, other children}

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Labor supply

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  1. Labor supply Structural models 1st Generation models with selection-effects modeled

  2. Data • Z={Age,age squared, Number of children not in school/kindergarten, number of children in kindergarten, other children} • X={age, age squared, education by years, urban dummies, local ln(redundancies/vacancies), dummy for access to telephone at home} • All details of the tax-benefit system • Not participation/participation and given participation annual hours worked. • France: 1928 Married women in 1979 (Dagsvik, Laiseney, Strøm and Østervold: Female labor supply and the tax benefit system in France, Annales d’Economie et Statistique, no 11, 1988) • Germany: 1629 married women in 1984 (Strøm and Wagenhals: Female labor supply in the Federal Republic, Jahrbucher fur Nationaløkonomie und Statistik, No 6, Vol 208!, 1991) • Norway: 824 married women in 1994 (Sectoral labour supply, choice restrictions and functional form Dagsvik and Strøm: Journal of Applied Econometrics,Volume 21, Issue 6 , 2006)

  3. CES, Cobb-Douglas and linear rejected.

  4. The Frisch elasticity • Calculate it your self

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