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Selection Criteria for a Microeconometric Model of Labour Supply

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  • Blundell, Richard William
  • Meghir, Costas

Abstract

In this paper we develop a set of selection criteria for the specification of a female labour supply model for microdata. We look at both economic and statistical criteria in assessing various models, paying particular attention to the flexibility of the economic model and the stochastic specification of unobservable factors. Using these criteria, a model is selected from a sample of United Kingdom Family Expenditure Survey data.

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Bibliographic Info

Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 57.

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Date of creation: Mar 1985
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Handle: RePEc:cpr:ceprdp:57

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Keywords: Female Labour Supply; Microdata; Model Selection;

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Cited by:
  1. Kuismanen, Mika, 2000. "Labour Supply and Income Tax Changes: A Simulation Study for Finland," Research Discussion Papers 5/2000, Bank of Finland.
  2. Kapteyn, Arie & Kooreman, Peter & van Soest, Arthur, 1990. "Quantity Rationing and Concavity in a Flexible Household Labor Supply Model," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 55-62, February.
  3. Labeaga, Jose M., 1999. "A double-hurdle rational addiction model with heterogeneity: Estimating the demand for tobacco," Journal of Econometrics, Elsevier, vol. 93(1), pages 49-72, November.
  4. Richard Blundell & Thomas MaCurdy, 1998. "Labour supply: a review of alternative approaches," IFS Working Papers W98/18, Institute for Fiscal Studies.
  5. Van Soest, A. & Kapteyn, A., 1989. "The Impact Of Minimum Wage Regulations On Employment And The Wage Rate Distribution," Papers 8947, Tilburg - Center for Economic Research.
  6. Mahuteau, Stéphane & Piracha, Matloob & Tani, Massimiliano, 2010. "Selection Policy and Immigrants' Remittance Behaviour," IZA Discussion Papers 4874, Institute for the Study of Labor (IZA).
  7. Harding, Matthew & Lamarche, Carlos, 2013. "Penalized Quantile Regression with Semiparametric Correlated Effects: Applications with Heterogeneous Preferences," IZA Discussion Papers 7741, Institute for the Study of Labor (IZA).
  8. Fernández, Ana I. & Rodríguez-Póo, Juan M. & Sperlich, Stefan, 1998. "Semiparametric three step estimation methods in labor supply models," SFB 373 Discussion Papers 1998,71, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
  9. repec:hal:wpaper:halshs-00590395 is not listed on IDEAS
  10. Blundell, Richard W. & Laisney, François & Lechner, Michael, 1991. "Alternative interpretations of hours information in an econometric model of labour supply," ZEW Discussion Papers 91-01, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  11. Anil Kumar, 2012. "Nonparametric estimation of the impact of taxes on female labor supply," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 27(3), pages 415-439, 04.
  12. repec:ese:emodwp:em3-05 is not listed on IDEAS
  13. Frederic Vermeulen, 2001. "And the winner is... An empirical evaluation of two competing approaches to household labour supply," Public Economics Working Paper Series ces0123, Katholieke Universiteit Leuven, Centrum voor Economische Studiën, Working Group Public Economics.
  14. Kumar, Anil, 2008. "Labor supply, deadweight loss and tax reform act of 1986: A nonparametric evaluation using panel data," Journal of Public Economics, Elsevier, vol. 92(1-2), pages 236-253, February.
  15. Ramaele Moshoeshoe, 2012. "Consumer demand for alcoholic beverages and tobacco in Lesotho: A double-hurdle approach," Working Papers 315, Economic Research Southern Africa.
  16. Jaume Garcia & María J. Suárez, 2001. "Female labour supply in Spain: The importance of behavioural assumptions and unobserved heterogeneity specification," Economics Working Papers 542, Department of Economics and Business, Universitat Pompeu Fabra.

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