Flexible labor supply models

Discrete-choice models of labor supply have become very popular for ex ante evaluations of policy reforms as they easily account for non-convex budget sets. We test the constraints imposed in practice on these models and suggest a fully flexible model that significantly improves fit.

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Year of publication:	2009
Authors:	Bargain, Olivier
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	Arbeitsangebot \| Diskrete Entscheidung \| Steuerwirkung \| Theorie \| Multinomial logit \| labor supply \| taxation

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Series:	IZA Discussion Papers ; 4281
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	608071706 [GVK] hdl:10419/35764 [Handle]
Classification:	H31 - Household ; J22 - Time Allocation and Labor Supply
Source:	EconStor

Persistent link: https://www.econbiz.de/10010269339