G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16237
DP16237 Couples' Time-Use and Aggregate Labor Market Outcomes
Monika Merz; Almut Balleer; Tamas K. Papp
发表日期2021-06-09
出版年2021
语种英语
摘要We present a model of the time-allocation decision of spouses in order to study the role of heterogeneity in preferences and wages for couples’ labor supply. Spouses differ in their tastes for market consumption and non-market goods and activities, and also in their offered or earned wages. They interact in their choices of market hours, homework, and leisure. We estimate the model for married or cohabiting couples in the 2001/02 wave of the German Time-Use Survey using Bayesian techniques. We generate gender-specific own- and cross-wage elasticities of market hours in the cross-section. Elasticities are significantly larger, if the wage shock is asymmetric across partners, not symmetric. Aggregating preferences and wages by gender and comparing outcomes for a representative couple with those from heterogeneous couples yields a discrepancy between the alternative aggregate wage-elasticities. Its size varies with the type of wage shock and the distribution of spouses across the preference-wage space.
主题Labour Economics ; Macroeconomics and Growth
关键词Time-use Spouses' labor supply Aggregation Bayesian estimation
URLhttps://cepr.org/publications/dp16237
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545205
推荐引用方式
GB/T 7714
Monika Merz,Almut Balleer,Tamas K. Papp. DP16237 Couples' Time-Use and Aggregate Labor Market Outcomes. 2021.
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