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The Sensitivity of an Empirical Model of Married Women's Hours of Work to Economic and Statistical Assumptions
Abstract
This study undertakes a systematic analysis of several theoretic and statistical assumption s used in many empirical models of female labor supply. Using a singl e data set (PSID 1975 labor supply data) the author is able to replic ate most of the range of estimated income and substitution effects fo und in previous studies in this field. He undertakes extensive specif ication tests and finds that most of this range should be rejected du e to statistical and model misspecifications. The two most important assumptions appear to be the Tobit assumption used to control for sel f-selection into the labor force and exogeneity assumptions on the wi fe's wage rate and her labor market experience. Copyright 1987 by The Econometric Society.
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Cites
Shadow Prices, Market Wages, and Labor Supply
Heckman, J. (1974) · Econometrica · doi:10.2307/1913937 · Cited by 1,852
Cited by
(2001) · RePEc: Research Papers in Economics · Cited by 27,577
Models for Sample Selection Bias
Winship, C., & Mare, R. D. (1992) · Annual Review of Sociology · doi:10.1146/annurev.so.18.080192.001551 · Cited by 812
Chapter 1 Labor supply of men: A survey
Pencavel, J. (1986) · Handbook of Labor Economics · doi:10.1016/s1573-4463(86)01004-0 · Cited by 451
Estimating labour supply responses using tax reforms
Meghir, C., Duncan, A., & Blundell, R. (1995) · Working Paper Series · doi:10.1920/wp.ifs.1995.9507 · Cited by 423
Shadow Wages and Peasant Family Labour Supply: An Econometric Application to the Peruvian Sierra
Jacoby, H. G. (1993) · The Review of Economic Studies · doi:10.2307/2298105 · Cited by 401
Metadata
- Authors
- Mroz, T. A.
- Venue
- Econometrica
- Publisher
- JSTOR
- Published
- 1987-07
- Volume
- 55
- Issue
- 4
- Pages
- 765
- ISSN
- 0012-9682 (ISSN-L)
- OpenAlex
- W2069551643
- Cited by
- 1,003
- References
- 1
- FWCI
- 24.96
- Type
- journal article
- Language
- en
- Open access
- closed
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