Intertemporal Substitution in the Time Allocation of Married Women
AbstractThis paper studies a life-cycle model of home production to examine how married women change their allocation of time in response to evolutionary movements along the life-cycle wage profile in Japan. After accounting for the potential bias due to heterogeneity, measurement error, weak instruments, and missing data, the estimates of intertemporal substitution elasticity obtained from the home production model are moderate and similar to those obtained from the standard labor supply model.
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Bibliographic InfoPaper provided by Singapore Management University, School of Economics in its series Working Papers with number 27-2010.
Length: 26 pages
Date of creation: Nov 2010
Date of revision:
Publication status: Published in SMU Economics and Statistics Working Paper Series
Other versions of this item:
- Ken Yamada, 2012. "Intertemporal Substitution in the Time Allocation of Married Women," Working Papers 24-2012, Singapore Management University, School of Economics.
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
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