How credible are shrinking wage elasticities of married women labour supply?

Artikel

This paper delves into the well-known phenomenon of shrinking wage elasticities for married women in the US over recent decades. The results of a novel model experimental approach via sample data ordering unveil considerable heterogeneity across different wage groups. Yet, surprisingly constant wage elasticity estimates are maintained within certain wage groups over time. In addition to those constant wage elasticity estimates, we find that the composition of working women into different wage groups has changed considerably, resulting in shrinking wage elasticity estimates at the aggregate level. These findings would be impossible to obtain had we not dismantled and discarded the instrumental variable estimation route.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Econometrics ; ISSN: 2225-1146 ; Volume: 4 ; Year: 2016 ; Issue: 1 ; Pages: 1-31 ; Basel: MDPI

Classification and Topics

• Classification: Wirtschaft ; Time Allocation and Labor Supply ; Methodological Issues: General ; Model Evaluation, Validation, and Selection ; Large Data Sets: Modeling and Analysis
• Subject: labour supply wage elasticity ; instrumental variable ; selection bias ; parameter stability

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Qin, Duo ; van Huellen, Sophie ; Wang, Qing-Chao
• Event: Veröffentlichung
• (who): MDPI
• (where): Basel
• (when): 2016

Further information

• DOI: doi:10.3390/econometrics4010001
• Handle: http://hdl.handle.net/10419/171847
• Last update: 10.03.2025, 11:42 AM CET