| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w9429 |
| 来源ID | Working Paper 9429 |
| Work Costs and Nonconvex Preferences in the Estimation of Labor Supply Models | |
| Bradley T. Heim; Bruce D. Meyer | |
| 发表日期 | 2003-01-13 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | We first critique the manner in which work costs have been introduced into labor supply estimation, and note the difficulty of incorporating a realistic rendering of the costs of work. We then show that, if work costs are not accounted for in the budget and time constraints in a structural labor supply model, they will be subsumed into the data generating preferences. We show that even if underlying preferences over consumption and leisure are convex, the presence of unobservable work costs can make these preferences appear nonconvex. Absent strong functional form assumptions, these work costs are not identified in data commonly used for labor supply estimation. However, we show that even if work costs cannot be separately identified, under plausible conditions, policy relevant calculations such as estimates of the effect of tax changes on labor supply and deadweight loss calculations, are not affected by the fact that estimated preferences incorporate work costs. |
| 主题 | Microeconomics ; Households and Firms ; Labor Economics ; Labor Supply and Demand |
| URL | https://www.nber.org/papers/w9429 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/567048 |
| 推荐引用方式 GB/T 7714 | Bradley T. Heim,Bruce D. Meyer. Work Costs and Nonconvex Preferences in the Estimation of Labor Supply Models. 2003. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w9429.pdf（493KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
