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来源类型Working Paper
规范类型报告
DOI10.3386/w5044
来源IDWorking Paper 5044
Relative Income Concerns and the Rise in Married Women's Employment
David Neumark; Andrew Postlewaite
发表日期1995-02-01
出版年1995
语种英语
摘要We ask whether women's decisions to be in the labor force may be affected by the decisions of other women in ways not captured by standard models. We develop a model that augments the simple neoclassical framework by introducing relative income concerns into women's (or families') utility functions. In this model, the entry of some women into paid employment can spur the entry of other women, independently of wage and income effects. This mechanism may help to explain why, over some periods, women's employment appeared to rise faster than could be accounted for by the simple neoclassical model. We test the model by asking whether women's decisions to seek paid employment depend on the employment decisions of other women with whom relative income comparisons might be important. In particular, we look at the effects of sisters' employment on women's own employment. We find strong evidence that women's employment decisions are positively related to their sisters' employment decisions. We also take account of the possibility that this positive relationship arises from heterogeneity across families in unobserved variables affecting the employment decision. We conduct numerous empirical analyses to reduce or eliminate this heterogeneity bias. We also look at the relationship between husbands' relative income and wives' employment decisions. In our view, the evidence is largely supportive of the relative income hypothesis.
主题Microeconomics ; Households and Firms ; Labor Economics ; Demography and Aging
URLhttps://www.nber.org/papers/w5044
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/562473
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GB/T 7714
David Neumark,Andrew Postlewaite. Relative Income Concerns and the Rise in Married Women's Employment. 1995.
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