A Joint Dynamic Model of Fertility and Work of Married Women

Francesconi, Marco

doi:10.1086/338220

Cited by 226 publications

(197 citation statements)

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“…Blundell and Walker, 1986), dynamic labor supply models 1 based on approximate decision rules (e.g. Hyslop, 1999) or structural forward looking optimization models of life cycle employment (e.g Francesconi, 2002 ).…”

Section: Introductionmentioning

confidence: 99%

“…He finds that state dependence is significantly present and explains the difference in short-and long-run labor supply effects. The study of Francesconi (2002) slightly differs from the above-mentioned as he proposes a fully structural model of fertility and labor supply which includes part-time and full-time work. One key finding of his study is the strong persistence of labor supply behavior.…”

Section: Introductionmentioning

confidence: 99%

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Intertemporal labor supply and involuntary unemployment

Haan

Uhlendorff

2012

Empir Econ

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in Intertemporal Labor Supply and Involuntary UnemploymentPeter Haan Arne Uhlendorff The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit company supported by Deutsche Post World Net. The center is associated with the University of Bonn and offers a stimulating research environment through its research networks, research support, and visitors and doctoral programs. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. D I S C U S S I O N P A P E R S E R I E SIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author. ABSTRACT Intertemporal Labor Supply and Involuntary Unemployment *In this paper we develop a model to consistently estimate the intertemporal labor supply behavior on the extensive margin (participation decision) and the intensive margin (working hours decision). In this framework we distinguish between voluntary non-participation and involuntary unemployment which is caused by labor market rationing and model the dynamics of labor supply by accounting for true state dependence and unobserved effects. Our approach follows the empirical literature on life cycle employment based on approximate decision rules. However, in contrast to previous studies, this framework allows us to test for true state dependence of voluntary non-participation, involuntary unemployment, full-time work and over-time work. Moreover, we derive consistent estimates of intertemporal labor supply elasticities over time and asses the bias of short-and long-run elasticities derived in a pure choice model of labor supply.JEL Classification: C23, C25, J22, J64Keywords: intertemporal labor supply behavior, transitions on the labor market, state dependence, involuntary unemployment

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Intertemporal labor supply and involuntary unemployment

Haan

Uhlendorff

2012

Empir Econ

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“…The model is similar to the decision framework in Eckstein and Wolpin (1989) and Francesconi (2002), however, since we estimate approximate decision rules rather than exact decision rules, our approach more closely resembles that in Keane and Wolpin (2001a).…”

Section: Modelmentioning

confidence: 99%

“…10 The three type probabilities, which deÞne the discrete nonparametric distribution of the individual effects, are given the following structure,…”

Section: A Dynamic Bivariate Probit With Nonparametric Correlated Ranmentioning

confidence: 99%

“…In particular, the difficulty of Þnding suitable instruments and the very mixed results when testing the exogeneity of fertility hypothesis strongly suggests that fertility decisions should be examined in a more realistic manner, in which the jointness of fertility and labor market participation decisions is directly taken into account (as in Moffitt (1984), Hotz and Miller (1988), Francesconi (2002), Del Boca In this paper, we follow this latter approach by considering labor supply and fertility decisions as being jointly planned over the life-cycle. Labor market participation and fertility decision rules are simultaneously determined in our model, in the sense that they are generated by a common constrained lifetime utility maximization problem.…”

Section: Introductionmentioning

confidence: 99%

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Life cycle employment and fertility across institutional environments

Boca

Sauer

2009

European Economic Review

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In this paper, we formulate a dynamic utility maximization model of female labor force participation and fertility choices and estimate approximate decision rules using data on married women in Italy, Spain and France. The pattern of estimated state dependence effects across countries is consistent with aggregate patterns in part-time employment and child care availability, suggesting that labor market rigidities and lack of child care options are important sources of state dependence. Simulations of the model reveal that Italian and Spanish women would substantially increase their participation rates were they to face the French institutional environment.

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Fertility and female employment dynamics in Europe: the effect of using alternative econometric modeling assumptions

Michaud

Tatsiramos

2011

J of Applied Econometrics

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in Fertility and Female Employment Dynamics in Europe: The Effect of Using Alternative Econometric Modeling AssumptionsPierre-Carl Michaud Konstantinos Tatsiramos The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post World Net. The center is associated with the University of Bonn and offers a stimulating research environment through its international network, workshops and conferences, data service, project support, research visits and doctoral program. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. D I S C U S S I O N P A P E R S E R I E SIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author. We investigate the direct and long-run effects of fertility on employment in Europe estimating dynamic models of labor supply under different assumptions regarding the exogeneity of fertility and modeling assumptions related to initial conditions, unobserved heterogeneity and serial correlation in the error terms. We find overall large direct and long-run effects of giving birth on employment probabilities, and these effects differ considerably across countries. We find that within countries the results are sensitive to the statistical assumption made on initial conditions, the inclusion of serial correlation and the assumption of strict exogeneity of children. However, the pattern across countries is robust to these assumptions. We show that such patterns are largely consistent with prevailing institutional differences related to the flexibility of the labor markets and family policies. JEL Classification:C23, C25, D91, J22

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A Joint Dynamic Model of Fertility and Work of Married Women

Cited by 226 publications

References 43 publications

Intertemporal labor supply and involuntary unemployment

Intertemporal labor supply and involuntary unemployment

Life cycle employment and fertility across institutional environments

Fertility and female employment dynamics in Europe: the effect of using alternative econometric modeling assumptions

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