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Allocation Inflexibilities , Female Labor Supply and Housing Assets Accumulation: Are Women Working to Pay the Mortagage

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  • Fortin, N.M.

Abstract

This article uses data from the Canadian Family Expenditures Survey to estimate a life-cycle-consistent model of household labor supply and commodity demand that incorporates a mortgage qualification constraint based on earnings. Both the parametric and nonparametric implications of the model suggest that the labor supply of a nontrivial percentage of married women is constrained by mortgage commitments. The results of generalized selectivity models of female labor-force participation and labor supply show that the positive effect of a high debt service ratio exceeds the negative effect of young children. Copyright 1995 by University of Chicago Press.
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(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Fortin, N.M., 1992. "Allocation Inflexibilities , Female Labor Supply and Housing Assets Accumulation: Are Women Working to Pay the Mortagage," Cahiers de recherche 9204, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
  • Handle: RePEc:mtl:montec:9204
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    9. Peter M. Zorn & Michael J. Lea, 1989. "Mortgage Borrower Repayment Behavior: A Microeconomic Analysis with Canadian Adjustable Rate Mortgage Data," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 17(1), pages 118-136, March.
    10. Fortin, N.M., 1993. "Borrowing Constraints and Female Labor Supply: Nonparametric and Parametric Evidence of the Impact of Martgage Lending Rules," Cahiers de recherche 9308, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
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