A LIFE-CYCLE LABOR SUPPLY MODEL WITH TAXES ESTIMATED ON GERMAN PANEL-DATA - THE CASE OF PARALLEL PREFERENCES

Authors
LAISNEY F LECHNER M VANSOEST A WAGENHALS G
Citation
F. Laisney et al., A LIFE-CYCLE LABOR SUPPLY MODEL WITH TAXES ESTIMATED ON GERMAN PANEL-DATA - THE CASE OF PARALLEL PREFERENCES, Economic and social review, 24(4), 1993, pp. 335-368
Citations number
23
Categorie Soggetti
Sociology,Economics
Journal title
Economic and social review → ACNP
ISSN journal
00129984
Volume
24
Issue
4
Year of publication
1993
Pages
335 - 368
Database
ISI
SICI code
0012-9984(1993)24:4<335:ALLSMW>2.0.ZU;2-S
Abstract
We estimate Frisch labour supply functions for married women using inf ormation on desired hours, under the assumptions that these are based on a smooth convex approximation of the budget constraint. The minimum distance approach used allows for correlated random effects both in t he wage and in the taste-shifter equations, and for an unbalanced pane l. We use a subsample of the German Socio-economic Panel for the years 1985-1989.