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A Dynamic Tobit Model of Female Labor Supply

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Author Info
Islam, Nizamul () (Department of Economics, School of Business, Economics and Law, Göteborg University)
Abstract

A dynamic Tobit model is applied to longitudinal data to estimate the hours of work of married women in Sweden during 1992-2001. Hours of work are found to be negatively related to fertility. Other characteristics of married women are also found to have an effect on labor supply. Inter- temporal labor supply decisions seemed to be characterized by a substantial amount of unobserved heterogeneity, first order state dependence and serially correlated error components. The findings suggest that the first order state dependence and unobserved heterogeneity are very sensitive to the initial condition.

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File URL: http://hdl.handle.net/2077/4729
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Publisher Info
Paper provided by Göteborg University, Department of Economics in its series Working Papers in Economics with number 259.

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Length: 30 pages
Date of creation: 29 Aug 2007
Date of revision:
Handle: RePEc:hhs:gunwpe:0259

Contact details of provider:
Postal: Department of Economics, School of Business, Economics and Law, Göteborg University Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
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Related research
Keywords: Female labor supply; state dependence; heterogeneity; dynamic Tobit;

Find related papers by JEL classification:
C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data
C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models
J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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This page was last updated on 2009-12-21.


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