LABOR SUPPLY AND INTERTEMPORAL SUBSTITUTION

Citation
R. Blundell et al., LABOR SUPPLY AND INTERTEMPORAL SUBSTITUTION, Journal of econometrics, 59(1-2), 1993, pp. 137-160
Citations number
38
Categorie Soggetti
Social Sciences, Mathematical Methods",Economics,"Mathematical, Methods, Social Sciences
Journal title
ISSN journal
03044076
Volume
59
Issue
1-2
Year of publication
1993
Pages
137 - 160
Database
ISI
SICI code
0304-4076(1993)59:1-2<137:LSAIS>2.0.ZU;2-Q
Abstract
This paper concerns the estimation of an intertemporal model for labou r supply and consumption that recognises the presence of nonworkers an d which is cast in a structural optimising framework that allows for u ncertainly. Through the utilisation of a micro-data source that measur es consumption and labour supply we are able to estimate a flexible pr eference model which incorporates corner solutions and uncertainty.