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Attanasio, Orazio,
Hamish Low, and
Virginia Sanchez-Marcos. 2008. "Explaining Changes in Female Labor Supply in a Life-Cycle Model."
,
98(4): 1517-52.
Show Article Details
DOI: 10.1257/aer.98.4.1517
Abstract:This paper studies the life-cycle labor supply of three cohorts of American
women, born in the 1930s, 1940s, and 1950s. We focus on the increase in labor
supply of mothers between the 1940s and 1950s cohorts. We construct a lifecycle
model of female participation and savings, and calibrate the model to
match the behavior of the middle cohort. We investigate which changes in the
determinants of labor supply account for the increases in participation early in
the life-cycle observed for the youngest cohort. A combination of a reduction
in the cost of children alongside a reduction in the wage-gender gap is needed.
(JEL D91, J16, J22, J31)
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Authors:
Attanasio, Orazio (U College London and Institute for Fiscal Studies)
Low, Hamish (U Cambridge and Institute for Fiscal Studies)
Sanchez-Marcos, Virginia (U Cantabria)
JEL Classifications:
D91: Intertemporal Consumer Choice; Life Cycle Models and Saving
J16: Economics of Gender; Non-labor Discrimination
J22: Time Allocation and Labor Supply
L31: Nonprofit Institutions; NGOs
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