A Life Cycle Labour Supply Model with Taxes Estimated on German Panel Data: The Case of Parallel Preferences
We estimate Frisch labour supply functions for married women using information 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 the wage and in the taste-shifter equations, and for an unbalanced panel. We use a subsample of the German Socio-economic Panel for the years 1985-1989.
Year of publication: |
1993
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Authors: | Laisney, François ; Lechner, Michael ; van Soest, Arthur ; Wagenhals, Gerhard |
Institutions: | Zentrum für Europäische Wirtschaftsforschung (ZEW) |
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