Intrahousehold Commitment and Intertemporal Labor Supply
نویسندگان
چکیده
منابع مشابه
Intertemporal Labor Supply and Human Capital Accumulation ∗
We solve and estimate a dynamic model that allows agents to optimally choose their labor hours and consumption and that allows for both human capital accumulation and savings. Estimation results and simulation exercises indicate that the intertemporal elasticity of substitution is much higher than the conventional estimates and the downward bias comes from the omission of the human capital accu...
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This technical appendix is a companion of main article. In Section 2 we show how to rewrite the Bellman equations in steady state in terms of de-trended variables. In Section 3 we detail the computational algorithm to solve for the policy functions of the problem faced by employed and unemployed workers, for given equilibrium quantities. Then, in subsections 3.2 and 3.1 we discuss how we solve ...
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In the year 2000, the German government passed the most ambitious tax reform in post-war German history aiming at a significant tax relief for households. One central aim of this tax reform was to improve work incentives and, thereby, foster employment. In this paper, I estimate an intertemporal discrete choice model of female labor supply that allows to analyze the behavioral effects of the ta...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2020
ISSN: 1556-5068
DOI: 10.2139/ssrn.3683874