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The conventional approach to modelling family labour supply is to estimate a system of two-adult equations on micro data sets providing information on female and male hours of market work and aggregate family consumption of market goods. Information on all individual consumptions, including pure...
Persistent link: https://www.econbiz.de/10009131410
Household labour supply models are typically estimated on data sets containing information on family consumption and male and female hours of market work. The estimating equations are consistent with a theoretical model which assumes the maximisation of a household utility function defined on...
Persistent link: https://www.econbiz.de/10009131423