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Estimating intertemporal elasticity of substitution of labor supply for married women in Russia

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  • Zamnius, Alexey

    (Gaidar Institute, Moscow, Russian Federation;)

  • Polbin, Andrey

    (RANEPA, Gaidar Institute, Moscow, Russian Federation;)

Abstract

This paper provides an econometric analysis of the labor supply function of married women in Russia based on data from RLMS HSE and methodology from the work (Heckman, MaCurdy, 1980), in which decisions about entering the labor market and the intensity of work are made within a dynamic optimization problem. It is shown that the husband’s leisure and the number of children living in the household have a negative effect on the woman’s hours worked. The estimate of the Frisch elasticity of labor supply with respect to wages lies near 0.16.

Suggested Citation

  • Zamnius, Alexey & Polbin, Andrey, 2021. "Estimating intertemporal elasticity of substitution of labor supply for married women in Russia," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 64, pages 23-48.
    • Handle: RePEc:ris:apltrx:0431
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    More about this item

    Keywords

    labor supply function; Frisch labor supply elasticity; intertemporal substitution in labor supply; tobit-3 model; RLMS HSE.;
    All these keywords.

    JEL classification:

    • D15 - Microeconomics - - Household Behavior - - - Intertemporal Household Choice; Life Cycle Models and Saving
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General

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