A model of labour supply with job offer restrictions

We specify a model of labour supply with job offer restrictions. A job offe r is defined by a wage rate and working hours. The number of job offers is restricted, and follows a Poisson distribution. Individuals choose the alte rnative with the highest utility level. Three specifications are estimated: a basic specification, a specification-in which the number of job offers d epends on characteristics, and a specification in which the wage rate depen ds on working hours. Although the properties of the sample distribution of hours observed are replicated well for all of the specifications, the impli cations for the underlying behaviour are different. (C) 2000 Elsevier Scien ce B.V. All rights reserved. JEL classification: J22; C51.