Family Labor Supply Over the Life Cycle
AbstractA life cycle model is derived to explain the allocation of time of family members over the life cycle. The timing of market participation is shown to depend upon the life cycle wage pattern of men and women, the rate of interest, the rate of time preference, and age-related changes in the productivity of nonmarket uses of time.
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Bibliographic InfoPaper provided by EconWPA in its series Labor and Demography with number 0403035.
Length: 48 pages
Date of creation: 19 Mar 2004
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- J - Labor and Demographic Economics
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