Publication Type
Working Paper
Version
publishedVersion
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
Publisher
SMU Economics and Statistics Working Paper Series, No. 24-2012
City or Country
Singapore
Citation
YAMADA, Ken.
Intertemporal Substitution in the Time Allocation of Married Women. (2011). 1-26.
Available at: https://ink.library.smu.edu.sg/soe_research/1247
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.