The empirical labor supply literature includes some simple aggregate studies, and some individual-level studies explicitly accounting for heterogeneity and the discrete choice, but sometimes leaving open the ultimately aggregate questions that motivated the study. As a middle ground, we construct ho...

Ausführliche Beschreibung

Bibliographische Detailangaben

Hauptverfasser:	Mulligan, Casey B. 1969- (VerfasserIn), Rubinstein, Yona 1962- (VerfasserIn)
Format:	Buch
Sprache:	English
Veröffentlicht:	Cambridge, Mass. National Bureau of Economic Research 2004
Schriftenreihe:	National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 10320
Schlagworte:	1965-2000 Arbeitsmarkt / Arbeitsangebot / Privater Haushalt / Haushaltsökonomik / USA
Online-Zugang:	kostenfrei
Zusammenfassung:	The empirical labor supply literature includes some simple aggregate studies, and some individual-level studies explicitly accounting for heterogeneity and the discrete choice, but sometimes leaving open the ultimately aggregate questions that motivated the study. As a middle ground, we construct household-based measures of labor supply by within-household aggregating answers to the usual weeks and hours worked questionnaire items. Household (H) measures are substantially different than the more familiar person (P) measures: H employment rates are relatively higher, with little trend, and relatively little fluctuations. From the H point of view, essentially all aggregate hours trends and fluctuations can be attributed to changes on the intensive' margin and not the extensive' margin a characterization that is opposite of that derived from P measures. The cross-H distribution of hours is richer, and less spiked, than the cross-P distribution. Labor supply is more wage elastic from an H point of view.
Beschreibung:	23 S. graph. Darst.