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The Career and Family Choices of Women: A Dynamic Analysis of Labor Force Participation, Schooling, Marriage and Fertility Decisions

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Author Info
Michelle Sheran Sylvester (University of North Carolina, Greensboro)
Abstract

This paper formulates and estimates a discrete time, discrete choice dynamic labor supply model in which marriage, fertility, and education are choice variables. The dynamics of these choices are captured by various forms of state and duration dependence. Uncertainty comes from the imperfect control women have over births and from a choice-specific random shock to utility each period. Women choose different career and family life-cycle paths because of these uncertainties and also because they have different tastes. The structural parameters of the model are estimated using maximum likelihood estimation techniques with data from the National Longitudinal Survey of Youth. (Copyright: Elsevier)

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File URL: http://dx.doi.org/10.1016/j.red.2006.11.004
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Publisher Info
Article provided by Elsevier for the Society for Economic Dynamics in its journal Review of Economic Dynamics.

Volume (Year): 10 (2007)
Issue (Month): 3 (July)
Pages: 367-399
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Handle: RePEc:red:issued:04-42

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Related research
Keywords: Economics of gender Time allocation and labor supply Marriage Fertility

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Find related papers by JEL classification:
J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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