Presentation is loading. Please wait.

Presentation is loading. Please wait.

Structural models 1st Generation models with selection-effects modeled

Similar presentations


Presentation on theme: "Structural models 1st Generation models with selection-effects modeled"— Presentation transcript:

1 Structural models 1st Generation models with selection-effects modeled
Labor supply Structural models 1st Generation models with selection-effects modeled

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19 Data Z={Age,age squared, Number of children not in school/kindergarten, number of children in kindergarten, other children} X={age, age squared, education by years, urban dummies, local ln(redundancies/vacancies), dummy for access to telephone at home} All details of the tax-benefit system Not participation/participation and given participation annual hours worked. France: 1928 Married women in 1979 (Dagsvik, Laiseney, Strøm and Østervold: Female labor supply and the tax benefit system in France, Annales d’Economie et Statistique, no 11, 1988) Germany: 1629 married women in 1984 (Strøm and Wagenhals: Female labor supply in the Federal Republic, Jahrbucher fur Nationaløkonomie und Statistik, No 6, Vol 208!, 1991) Norway: 824 married women in 1994 (Sectoral labour supply, choice restrictions and functional form Dagsvik and Strøm: Journal of Applied Econometrics,Volume 21, Issue 6 , 2006)

20 Married women, estimates
Parameter France 1979 Germany 1984 Norway 1994 Estimates t-values 0.72 4.9 0.76 4.3 0.64 7.6 -0.63 -7.8 -3.8 -25.5 -0.53 -2.1 CES, Cobb-Douglas and linear rejected.

21 Married women, Weighted Cournot elasticities
Variables France 1979 Germany 1984 Norway 1994 Participation 1.14 1.27 0.14 Hours, h|h>0 1.94 1.15 0.20 Total expected hours,h 3.08 2.42 0.34

22 The Frisch elasticity Calculate it your self


Download ppt "Structural models 1st Generation models with selection-effects modeled"

Similar presentations


Ads by Google