ANNUAL HOURS AND WEEKS IN A LIFE-CYCLE LABOR SUPPLY MODEL - CANADIAN EVIDENCE ON MALE-BEHAVIOR

Authors
Citation
Kt. Reilly, ANNUAL HOURS AND WEEKS IN A LIFE-CYCLE LABOR SUPPLY MODEL - CANADIAN EVIDENCE ON MALE-BEHAVIOR, Journal of labor economics, 12(3), 1994, pp. 460-477
Citations number
23
Categorie Soggetti
Industrial Relations & Labor",Economics
Journal title
ISSN journal
0734306X
Volume
12
Issue
3
Year of publication
1994
Pages
460 - 477
Database
ISI
SICI code
0734-306X(1994)12:3<460:AHAWIA>2.0.ZU;2-8
Abstract
Estimates of the intertemporal labor supply behavior of males in Canad a using micro data are reported. Individuals make the intertemporal la bor supply decision on the basis of annual hours and weeks. Precision of the parameter estimates is improved by using tenure variable as ins truments for the wage. Further, the age and tenure variables are allow ed to have taste parameters in the structural equations. The evidence suggests that this is required only for the two age variables. Elastic ity evidence suggests that evolutionary changes in the wage cause chan ges in the number of weeks with the elasticity being 0.6 and statistic ally significant.