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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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 Download reference. The following formats are available: HTML,
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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
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Jeremy Greenwood & Nezih Guner & John A. Knowles, 2003.
"More on Marriage, Fertility, and the Distribution of Income,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(3), pages 827-862, 08.
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