Some Direct Evidence on the Importance of Borrowing Constraints to the Labor Force Participation of Married Women
AbstractThis paper examines the link between credit availability and the labor supply decisions of married women. In particular, it uses data from the Survey of Consumer Finances to test the role of some direct measures of borrowing constraints in a standard labor force participation equation. Although imperfect capital markets may alter the options available to households in a life-cycle context, the results suggest that borrowing constraints are of little importance to the labor force participation decisions of married women.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Journal of Human Resources.
Volume (Year): 22 (1987)
Issue (Month): 4 ()
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Web page: http://jhr.uwpress.org/
Other versions of this item:
- Janice Shack-Marquez & William L. Wascher, 1986. "Some direct evidence on the importance of borrowing constraints to the labor force participation of married women," Working Paper Series / Economic Activity Section 63, Board of Governors of the Federal Reserve System (U.S.).
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