Allocation Inflexibilities , Female Labor Supply and Housing Assets Accumulation: Are Women Working to Pay the Mortagage
Abstract
This article uses data from the Canadian Family Expenditures Survey to estimate a life-cycle-consistent model of household labor supply and commodity demand that incorporates a mortgage qualification constraint based on earnings. Both the parametric and nonparametric implications of the model suggest that the labor supply of a nontrivial percentage of married women is constrained by mortgage commitments. The results of generalized selectivity models of female labor-force participation and labor supply show that the positive effect of a high debt service ratio exceeds the negative effect of young children. Copyright 1995 by University of Chicago Press.(This abstract was borrowed from another version of this item.)
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Bibliographic Info
Paper provided by Universite de Montreal, Departement de sciences economiques in its series Cahiers de recherche with number 9204.Length: 46 pages
Date of creation: 1992
Date of revision:
Handle: RePEc:mtl:montde:9204
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Related research
Keywords: LABOUR MARKET ; WOMEN ; HOUSING;Other versions of this item:
- Fortin, Nicole M, 1995. "Allocation Inflexibilities, Female Labor Supply, and Housing Assets Accumulation: Are Women Working to Pay the Mortgage?," Journal of Labor Economics, University of Chicago Press, vol. 13(3), pages 524-57, July.
- Fortin, N.M., 1992. "Allocation Inflexibilities , Female Labor Supply and Housing Assets Accumulation: Are Women Working to Pay the Mortagage," Cahiers de recherche 9204, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Osberg, L. & Sharpe, A., 1998. "An Index of Economic Well-being for Canada," Department of Economics at Dalhousie University working papers archive 98-08, Dalhousie, Department of Economics.
- Zvi Hercowitz & Jeffrey C. Campbell, 2005.
"The Role of Collateralized Household Debt in Macroeconomic Stabilization,"
2005 Meeting Papers
120, Society for Economic Dynamics.
- Jeffrey R. Campbell & Zvi Hercowitz, 2005. "The Role of Collateralized Household Debt in Macroeconomic Stabilization," NBER Working Papers 11330, National Bureau of Economic Research, Inc.
- Jeffrey R. Campbell & Zvi Hercowitz, 2004. "The role of households' collateralized debts in macroeconomic stabilization," Working Paper Series WP-04-24, Federal Reserve Bank of Chicago.
- Jeffrey R. Campbell & Zvi Hercowitz, 2004.
"The dynamics of work and debt,"
Working Paper Series
WP-04-05, Federal Reserve Bank of Chicago.
- Jeffrey R. Campbell & Zvi Hercowitz, 2004. "The Dynamics of Work and Debt," NBER Working Papers 10201, National Bureau of Economic Research, Inc.
- Renata Bottazzi & Hamish Low & Matthew Wakefield, 2007. "Why do home owners work longer hours?," IFS Working Papers W07/10, Institute for Fiscal Studies.
- Patricia Apps & Ray Rees, 2010. "Family labor supply, taxation and saving in an imperfect capital market," Review of Economics of the Household, Springer, vol. 8(3), pages 297-323, September.
- Jeffrey R. Campbell & Zvi Hercowitz, 2011. "The financial labor supply accelerator," Working Paper Series WP-2011-05, Federal Reserve Bank of Chicago.
- Cheal, David & Kampen, Karen, 1997. "Complementarity in the labor supply of husbands and wives," The Journal of Socio-Economics, Elsevier, vol. 26(5), pages 495-512.
- Del Boca, Daniela & Lusardi, Annamaria, 2002.
"Credit Market Constraints and Labor Market Decisions,"
IZA Discussion Papers
598, Institute for the Study of Labor (IZA).
- Del Boca, Daniela & Lusardi, Annamaria, 2003. "Credit market constraints and labor market decisions," Labour Economics, Elsevier, vol. 10(6), pages 681-703, December.
- Renata Bottazzi, 2004. "Labour market participation and mortgage related borrowing constraints," IFS Working Papers W04/09, Institute for Fiscal Studies.
- Fortin, Nicole M., 1997. "L’impact des règles de prêts hypothécaires sur l’offre de travail des femmes au Canada : évidence paramétrique et non paramétrique," L'Actualité Economique, Société Canadienne de Science Economique, vol. 73(1), pages 129-159, mars-juin.
- William A.V. Clark, 2012. "Do women delay family formation in expensive housing markets?," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 27(1), pages 1-24, July.
- Abe, Yukiko, 2011. "Family labor supply, commuting time, and residential decisions: The case of the Tokyo Metropolitan Area," Journal of Housing Economics, Elsevier, vol. 20(1), pages 49-63, March.
- John Odland & Mark Ellis, 1998. "Variations in the Labour Force Experience of Women Across Large Metropolitan Areas in the United States," Regional Studies, Taylor and Francis Journals, vol. 32(4), pages 333-347.
- Dietz, Robert D. & Haurin, Donald R., 2003. "The social and private micro-level consequences of homeownership," Journal of Urban Economics, Elsevier, vol. 54(3), pages 401-450, November.
- Donkers, A.C.D. & Soest, A.H.O. van, 1997.
"Subjective measures of household preferences and financial decisions,"
Discussion Paper
1997-70, Tilburg University, Center for Economic Research.
- Donkers, Bas & van Soest, Arthur, 1999. "Subjective measures of household preferences and financial decisions," Journal of Economic Psychology, Elsevier, vol. 20(6), pages 613-642, December.
- Graversen, Ebbe Krogh & Smith, Nina, 2002.
"Tax Evasion and Work in the Underground Sector,"
CLS Working Papers
01-2, University of Aarhus, Aarhus School of Business, Centre for Labour Market and Social Research.
- Frederiksen, Anders & Graversen, Ebbe Krogh & Smith, Nina, 2005. "Tax evasion and work in the underground sector," Labour Economics, Elsevier, vol. 12(5), pages 613-628, October.
- Deutsch, Edwin & Neuwirth, Norbert & Yurdakul, Askin, 2001. "Housing and Labor Supply," Journal of Housing Economics, Elsevier, vol. 10(3), pages 335-362, September.
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