American Economic Review: Vol. 104 No. 5 (May 2014)

Expand

Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter

Explore:

AER - All Issues

AER Forthcoming Articles

Labor Supply and Household Dynamics

Article Citation

Mazzocco, Maurizio, Claudia Ruiz, and Shintaro Yamaguchi. 2014. "Labor Supply and Household Dynamics." American Economic Review, 104(5): 354-59.

DOI: 10.1257/aer.104.5.354

Abstract

Using the Panel Study of Income Dynamics, we provide evidence that to understand household decisions and evaluate policies designed to affect individual welfare, it is important to add an intertemporal dimension to the by-now standard static collective models of the household. Specifically, we document that the observed differences in labor supply by gender and marital status do not arise suddenly at the time of marriage, but rather emerge gradually over time. We then propose an intertemporal collective model that has the potential of explaining the observed patterns.

Article Full-Text Access

Full-text Article

Additional Materials

Authors

Mazzocco, Maurizio (UCLA)
Ruiz, Claudia (World Bank)
Yamaguchi, Shintaro (McMaster U)

JEL Classifications

D13: Household Production and Intrahousehold Allocation
J12: Marriage; Marital Dissolution; Family Structure; Domestic Abuse
J16: Economics of Gender; Non-labor Discrimination
J22: Time Allocation and Labor Supply
J31: Wage Level and Structure; Wage Differentials


American Economic Review


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

AER - All Issues

AER - Forthcoming Articles

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us