Choe, Chung; Oaxaca, Ronald L.; Renna, Francesco - 2017
This paper develops a unified model of dual and unitary job holding based on a Stone-Geary utility function. The model … arising from selection and unobserved heterogeneity as well as from the Stone-Geary Slutsky equations. The labor supply model … the Stone-Geary income and wage elasticities are much larger for labor supply to the second job compared with the main job …