Duguet, Emmanuel; Simonnet, Véronique - In: Review of Economics of the Household 5 (2007) 2, pp. 159-179
This paper examines the interactions between spouses’ decisions to join the labor force. We use the asymptotic least squares method in order to estimate a system of equations with limited dependent variables. We find that when spouse’s decision-making is modeled as simultaneous, this affects...