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 InfoPaper provided by Board of Governors of the Federal Reserve System (U.S.) in its series Working Paper Series / Economic Activity Section with number 63.
Date of creation: 1986
Date of revision:
Other versions of this item:
- Janice Shack-Marquez & William L. Wascher, 1987. "Some Direct Evidence on the Importance of Borrowing Constraints to the Labor Force Participation of Married Women," Journal of Human Resources, University of Wisconsin Press, vol. 22(4), pages 593-602.
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