Un análisis dinámico del efecto de las ganancias fortuitas sobre la participación laboral
AbstractThis paper discusses the negative effect that inheritances, gifts or lotteries (which usually can be thought of as fortuitous profits) have on labor participation. This effect is also known in the literature as the Carnegie hypothesis. In order to analyze this effect, this paper considers women from Spain during the period 1994-2000. The results of the panel data for a dynamic probit show that there is a significant negative relationship between labor participation and fortuitous profits, which supports the results of Holtz-Eakin et al. (1993) for the United States.
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Bibliographic InfoArticle provided by Universidad de Antioquia, Departamento de Economía in its journal LECTURAS DE ECONOMÍA.
Volume (Year): (2007)
Issue (Month): 66 (Enero-Junio)
Postal: Lecturas de Economía, Departamento de Economía, Calle 67, 53-108, Medellin 050010, Colombia.
Find related papers by JEL classification:
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
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