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Some Direct Evidence on the Importance of Borrowing Constraints to the Labor Force Participation of Married Women


  • Janice Shack-Marquez
  • William L. Wascher


This paper examines the link between credit availability and the labor supply decisions of married women. In particular, it uses data from the Survey of Consumer Finances to test the role of some direct measures of borrowing constraints in a standard labor force participation equation. Although imperfect capital markets may alter the options available to households in a life-cycle context, the results suggest that borrowing constraints are of little importance to the labor force participation decisions of married women.

Suggested Citation

  • Janice Shack-Marquez & William L. Wascher, 1987. "Some Direct Evidence on the Importance of Borrowing Constraints to the Labor Force Participation of Married Women," Journal of Human Resources, University of Wisconsin Press, vol. 22(4), pages 593-602.
  • Handle: RePEc:uwp:jhriss:v:22:y:1987:i:4:p:593-602

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    References listed on IDEAS

    1. Smith, J.P. & Thomas, D., 1993. "On the Road: Marriage and Mortality in Malaysia," Papers 93-11, RAND - Labor and Population Program.
    2. Sean Becketti & William Gould & Lee Lillard & Finis Welch, 1985. "The Panel Study of Income Dynamics After Fourteen Years: An Evaluation," UCLA Economics Working Papers 361, UCLA Department of Economics.
    3. Hausman, Jerry A & Wise, David A, 1979. "Attrition Bias in Experimental and Panel Data: The Gary Income Maintenance Experiment," Econometrica, Econometric Society, vol. 47(2), pages 455-473, March.
    4. James P. Smith & Duncan Thomas, 1998. "On the Road: Marriage and Mobility in Malaysia," Journal of Human Resources, University of Wisconsin Press, vol. 33(4), pages 805-832.
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    1. repec:crs:ecosta:es417-418h is not listed on IDEAS
    2. Cédric Houdré, 2008. "Offre de travail et accession à la propriété : l’impact des contraintes d’emprunt sur l’activité des femmes en France," Économie et Statistique, Programme National Persée, vol. 417(1), pages 153-172.

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