A model of labour supply with job offer restrictions
نویسنده
چکیده
We specify a model of labour supply with job offer restrictions. A job offer is defined by a wage rate and working hours. The number of job offers is restricted, and follows a Poisson distribution. Individuals choose the alternative with the highest utility level. Three specifications are estimated: a basic specification, a specification in which the number of job offers depends on characteristics, and a specification in which the wage rate depends on working hours. Although the properties of the sample distribution of hours observed are replicated well for all of the specifications, the implications for the underlying behaviour are different. q 2000 Elsevier Science B.V. All rights reserved. JEL classification: J22; C51
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تاریخ انتشار 2000