Publication Type

Working Paper

Publication Date

11-2011

Abstract

This paper studies a life-cycle model of home production to examine how married women change their allocation of time in response to evolutionary movements along the life-cycle wage profile in Japan. After accounting for the potential bias due to heterogeneity, measurement error, weak instruments, and missing data, the estimates of intertemporal substitution elasticity obtained from the home production model are moderate and similar to those obtained from the standard labor supply model.

Keywords

labor supply, home production, intertemporal substitution

Discipline

Family, Life Course, and Society | Labor Economics

Research Areas

Applied Microeconomics

First Page

1

Last Page

26

Copyright Owner and License

Author

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

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