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Annual Hours and Weeks in a Life-Cycle Labor Supply Model: Canadian Evidence on Male Behavior

Listed author(s):
  • Reilly, Kevin T
Registered author(s):

Estimates of the intertemporal labor supply behavior of males in Canada using micro data are reported. Individuals make the intertemporal labor supply decision on the basis of annual hours and weeks. Precision of the parameter estimates is improved by using tenure variables as instruments for the wage. Further, the age and tenure variables are allowed to have taste parameters in the structural equations. The evidence suggests that this is required only for the two age variables. Elasticity evidence suggests that evolutionary changes in the wage cause changes in the number of weeks with the elasticity being 0.6 and statistically significant. Copyright 1994 by University of Chicago Press.

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File URL: http://dx.doi.org/10.1086/298352
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Article provided by University of Chicago Press in its journal Journal of Labor Economics.

Volume (Year): 12 (1994)
Issue (Month): 3 (July)
Pages: 460-477

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Handle: RePEc:ucp:jlabec:v:12:y:1994:i:3:p:460-77
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  8. Blank, Rebecca M, 1988. "Simultaneously Modeling the Supply of Weeks and Hours of Work among Female Household Heads," Journal of Labor Economics, University of Chicago Press, vol. 6(2), pages 177-204, April.
  9. Abowd, John M & Card, David, 1989. "On the Covariance Structure of Earnings and Hours Changes," Econometrica, Econometric Society, vol. 57(2), pages 411-445, March.
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