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Family Labor Supply over the Life Cycle

Author

Listed:
  • James P. Smith

    (RAND Corporation)

Abstract

A life cycle model is derived to explain the allocation of time of family members over the life cycle. The timing of market participation is shown to depend upon the life cycle wage pattern of men and women, the rate of interest, the rate of time preference, and age-related changes in the productivity of nonmarket uses of time.

Suggested Citation

  • James P. Smith, 2004. "Family Labor Supply over the Life Cycle," Labor and Demography 0404002, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpla:0404002
    Note: Type of Document - pdf; pages: 48. Explorations in Economic Research, Volume 4, Number 2, Spring 1977
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/lab/papers/0404/0404002.pdf
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Claude Felteau, 1989. "Commentaire sur le texte de Bernard Fortin," L'Actualité Economique, Société Canadienne de Science Economique, vol. 65(4), pages 508-514.
    2. Casey B. Mulligan, 1999. "Substitution over Time: Another Look at Life-Cycle Labor Supply," NBER Chapters, in: NBER Macroeconomics Annual 1998, volume 13, pages 75-152, National Bureau of Economic Research, Inc.
    3. Randolph, William C. & Rogers, Diane Lim, 1995. "The Implications for Tax Policy of Uncertainty About Labor-Supply and Savings Responses," National Tax Journal, National Tax Association;National Tax Journal, vol. 48(3), pages 429-446, September.
    4. Mulligan Casey B, 2001. "Aggregate Implications of Indivisible Labor," The B.E. Journal of Macroeconomics, De Gruyter, vol. 1(1), pages 1-35, April.
    5. Casey B. Mulligan & Yona Rubinstein, 2004. "Household vs. Personal Accounts of the U.S. Labor Market, 1965-2000," NBER Working Papers 10320, National Bureau of Economic Research, Inc.
    6. R. Jason Faberman, 2010. "Revisiting the role of home production in life-cycle labor supply," Working Papers 10-3, Federal Reserve Bank of Philadelphia.
    7. Randolph, William C. & Rogers, Diane Lim, 1995. "The Implications for Tax Policy of Uncertainty About Labor-Supply and Savings Responses," National Tax Journal, National Tax Association, vol. 48(3), pages 429-46, September.
    8. C. Russell Hill & Frank P. Stafford, 1977. "Family Background and Lifetime Earnings," NBER Chapters, in: The Distribution of Economic Well-Being, pages 511-556, National Bureau of Economic Research, Inc.
    9. repec:eee:labchp:v:1:y:1986:i:c:p:3-102 is not listed on IDEAS
    10. James P. Smith & Michael P. Ward, 2004. "The Acceleration in Women's Wages," Labor and Demography 0403024, University Library of Munich, Germany.
    11. Casey B. Mulligan, 1998. "Pecuniary Incentives to Work in the United States during World War II," Journal of Political Economy, University of Chicago Press, vol. 106(5), pages 1033-1077, October.
    12. repec:eee:labchp:v:1:y:1986:i:c:p:103-204 is not listed on IDEAS
    13. Casey B. Mulligan, 1997. "Pecuniary Incentives to Work in the U.S. during World War II," NBER Working Papers 6326, National Bureau of Economic Research, Inc.

    More about this item

    JEL classification:

    • J - Labor and Demographic Economics

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