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L’impact des règles de prêts hypothécaires sur l’offre de travail des femmes au Canada : évidence paramétrique et non paramétrique

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  • Fortin, Nicole M.

    (Département de sciences économiques, Université de Montréal)

Abstract

This paper use descriptive statistics, kernel regressions and reduced-form analyses to show that mortgage related variables, in particular a variable believed to capture the earnings test of mortgage lending rules, have an important impact on the labor supply of married women in Canada. In a reduced-form weeks-worked equation for wives, the positive impact of the earnings test is shown to exceed the negative effect of young children. This result cannot be attributed to the potential endogeneity of mortgage variables since it is not possible to reject the weak exogeneity of the earnings test using a two-stage procedure that relies on generalized residuals to perform a Hausman type specification test. Cet article utilise des statistiques descriptives, des régressions flexibles de type noyau et des modèles à formes réduites pour montrer que des variables reliées aux conditions hypothécaires, en particulier une variable qui capture les exigences de revenu relatives aux prêts hypothécaires, ont un impact important sur l’offre de travail des femmes au Canada. Dans un modèle à formes réduites du nombre de semaines travaillées par l’épouse, l’impact positif de cette contrainte à l’emprunt excède l’effet négatif de la variable enfants d’âge préscolaire. Ce résultat ne peut être attribué à un problème d’endogénéité des variables hypothécaires. En effet, on ne peut rejeter l’exogénéité faible de la variable qui capture le test du revenu de la procédure d’accès au prêt hypothécaire, lorsqu’on utilise une procédure à deux étapes qui se sert des résidus généralisés pour effectuer un test de spécification à la Hausman.

Suggested Citation

  • 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.
  • Handle: RePEc:ris:actuec:v:73:y:1997:i:1:p:129-159
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    References listed on IDEAS

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