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In this paper we discuss a general framework for analyzing labor supply behavior in the presence of complicated budget- and quantity constraints of which some may be unobservable. The point of departure is that an individual's labor supply decision can be considered as a choice from a set of...
Persistent link: https://www.econbiz.de/10005427055
This paper analyzes the properties of a particular sectoral labor supply model developed in Dagsvik and Strøm (2006). The model is estimated on labor supply data for married women in Norway 1994. In this model, workers have preferences over sectors and latent job attributes. Moreover, the model...
Persistent link: https://www.econbiz.de/10004980591
In this paper we discuss a general framework for analyzing labor supply behavior in the presence of complicated budget- and quantity constraints of which some are unobserved. The individual’s labor supply decision is viewed as a choice from a set of discrete alternatives (jobs). These jobs are...
Persistent link: https://www.econbiz.de/10004980625
The paper proposes a particular approach to model the utility of income. We develop a theoretical framework that restricts the class of admissible functional forms and distributions of the random components of the model. The theoretical approach is based on theories of probabilistic choice and...
Persistent link: https://www.econbiz.de/10004980804
In this paper we propose a particular approach to measuring utility of income. To this end we develop a theoretical framework that restricts the class of admissible functional forms and distributions of the random components of the model. The theoretical approach is based on ideas and principles...
Persistent link: https://www.econbiz.de/10004980865
Recently Dagsvik and Karlström (2005) have demonstrated how one can compute Compensating Variation and Compensated Choice Probabilities by means of analytic formulas in the context of discrete choice models. In this paper we offer a new and simplified derivation of the Compensated probabilities...
Persistent link: https://www.econbiz.de/10010819018
Dagsvik and Karlström (2005) have demonstrated how one can compute Compensating Variation and Compensated Choice Probabilities by means of analytic formulas in the context of discrete choice models. In this paper we offer a new and simplified derivation of the compensated probabilities....
Persistent link: https://www.econbiz.de/10010736751
In this paper we discuss a general framework for analyzing labor supply behavior in the presence of complicated budget- and quantity constraints of which some are unobserved. The point of departure is that an individual’s labor supply decision can be considered as a choice from a set of...
Persistent link: https://www.econbiz.de/10004980947
This paper focuses in particular on the 1992 tax reform in Norway. In this reform the top marginal tax rates were cut considerably. We find that the impact on overall labor supply is rather modest, but these modest changes shadow for stronger sectoral changes. The tax reform stimulated the women...
Persistent link: https://www.econbiz.de/10005023964
In this paper we discuss a general framework for analyzing labor supply behavior in the presence of complicated budget- and quantity constraints of which some are unobserved. The individual’s labor supply decision is viewed as a choice from a set of discrete alternatives (jobs). These jobs are...
Persistent link: https://www.econbiz.de/10005652124