The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.
Intertemporal Substitution in Labor Supply: Evidence from Micro Data
Abstract
The sensitivity of the supply of labor to intertemporal variation in the wage is an important issue in macroeconomics, the analysis of social security and pensions, and the study of life-cycle patterns of work. This paper explores two approaches to the measurement of intertemporal substitution that have appeared in the literature. The first approach is to use consumption to control for wealth and unobserved expectations about future wages in the labor supply equation. The second approach is to estimate a first-difference equation for hours in which labor supply from the previous period serves as a control for wealth and wage expectations. The results indicate that intertemporal substitution elasticity for married men is positive but small.
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Cites
Time to Build and Aggregate Fluctuations
Kydland, F. E., & Prescott, E. C. (1982) · Econometrica · doi:10.2307/1913386 · Cited by 5,825
Alternative Tests of Independence between Stochastic Regressors and Disturbances
Wu, D.-M. (1973) · Econometrica · doi:10.2307/1914093 · Cited by 1,310
Intertemporal Substitution in Macroeconomics
Mankiw, N. G., Rotemberg, J. J., & Summers, L. H. (1985) · The Quarterly Journal of Economics · doi:10.2307/1885743 · Cited by 533
Time Series Representations of Economic Variables and Alternative Models of the Labour Market
Ashenfelter, O., & Card, D. (1982) · The Review of Economic Studies · doi:10.2307/2297188 · Cited by 97
The Effects of Pensions and Earnings on Retirement: A Review Essay
Mitchell, O. S., & Fields, G. S. (1981) · National Bureau of Economic Research · doi:10.3386/w0772 · Cited by 87
Wage Movements and the Labour Market Equilibrium Hypothesis
Altonji, J. G., & Ashenfelter, O. (1980) · Economica · doi:10.2307/2553149 · Cited by 83
Self-citation
Cited by
Empirical Strategies in Labor Economics
Angrist, J. D., & Krueger, A. B. (1999) · Handbook of Labor Economics · doi:10.1016/s1573-4463(99)03004-7 · Cited by 1,628
Labor Supply of New York City Cabdrivers: One Day at a Time
Camerer, C., Babcock, L., Loewenstein, G., & Thaler, R. (1997) · The Quarterly Journal of Economics · doi:10.1162/003355397555244 · Cited by 1,218
A Profitable Approach to Labor Supply and Commodity Demands over the Life-Cycle
Browning, M., Deaton, A., & Irish, M. (1985) · Econometrica · doi:10.2307/1911653 · Cited by 710
On the Covariance Structure of Earnings and Hours Changes
Abowd, J. M., & Card, D. (1989) · Econometrica · doi:10.2307/1912561 · Cited by 594
Health and work in the family: Evidence from spouses’ cancer diagnoses
Jeon, S.-H., & Pohl, R. V. (2017) · Journal of Health Economics · doi:10.1016/j.jhealeco.2016.12.008 · Cited by 88
Metadata
- Authors
- Altonji, J. G.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 1986-06
- Volume
- 94
- Issue
- 3, Part 2
- Pages
- S176-S215
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W2074381739
- Cited by
- 608
- References
- 6
- FWCI
- 37.49
- Type
- journal article
- Language
- en
- Open access
- closed
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