Modélisation dynamique de la participation au marché du travail des femmes en couple
We consider a dynamic model for the participation decision to the labour market of the women who live in couple. We estimate a dynamic probit model with random effects using the french part of the Europanel, for the period going from 1994 to 2001 and using a simulated maximum likehood estimator. These estimates are made on a monthly and an annual basis taking into account the initial conditions problem. The decision of participation of the women who live in couple depends on the individual characteristics and is characterized by a significant state dependence. The unobserved components of heterogeneity play a central role in the dynamics of the participation to the labour market. This unobserved heterogeneity reflect differences in the preferences relative to the arbitrage between consumption and leisure. We find that the error terms of the model are negatively correlated. Moreover, we show the importance of the permanent income component in the participation decision.
Volume (Year): (2007)
Issue (Month): 86 ()
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