Hours Restrictions and Labor Supply
The authors estimate a labor-supply model that permits hours restrictions of a simple but general form. Each individual chooses from among a finite set of jobs drawn at random f rom a market distribution, each offering a fixed quantity of hours. The polar cases of no constraints on hours worked and exogenous hours ar e nested within the general case. The authors' results are consistent with a substantial amount of rationing in the work hours of a sample of low-income men, most of whom are working less than they would like. Copyright 1993 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.
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Volume (Year): 34 (1993)
Issue (Month): 1 (February)
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Deaton, Angus & Meullbauer, John, 1981. "Functional Forms for Labor Supply and Commodity Demands with and without Quantity Restrictions," Econometrica, Econometric Society, vol. 49(6), pages 1521-32, November.
- Lundberg, Shelly J, 1985.
"Tied Wage-Hours Offers and the Endogeneity of Wages,"
The Review of Economics and Statistics,
MIT Press, vol. 67(3), pages 405-10, August.
- Shelly J. Lundberg, 1984. "Tied Wage-Hours Offers and the Endogeneity of Wages," NBER Working Papers 1431, National Bureau of Economic Research, Inc.
- Alan L. Gustman & Thomas L. Steinmeier, 1984.
"Partial Retirement and the Analysis of Retirement Behavior,"
Cornell University, ILR School, vol. 37(3), pages 403-415, April.
- Alan L. Gustman & Thomas L. Steinmeier, 1981. "Partial Retirement and the Analysis of Retirement Behavior," NBER Working Papers 0763, National Bureau of Economic Research, Inc.
- Moffitt, Robert, 1982. "The Tobit Model, Hours of Work and Institutional Constraints," The Review of Economics and Statistics, MIT Press, vol. 64(3), pages 510-15, August.
- Rosen, Harvey S, 1976. "Taxes in a Labor Supply Model with Joint Wage-Hours Determination," Econometrica, Econometric Society, vol. 44(3), pages 485-507, May.
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