search query: @author Huffman, W. E. / total: 3
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| Author: | Huffman, W. E. Lange, M. D. |
| Title: | Off-farm work decisions of husbands and wives: Joint decision making |
| Journal: | Review of Economics and Statistics
1989 : AUG, VOL. 71:3, p.471-480 |
| Index terms: | USA FARMS HOUSEHOLD ECONOMICS DECISION MAKING ECONOMETRIC MODELS |
| Language: | eng |
| Abstract: | Theoretical and econometric models are developed to examine joint wage-labour participations and hours decisions of a husband and wife in farm households. The econometric model is multiple equation and recursive. The specification of the off-farm labour supply equation of the husband (wife) depends on whether his (her) wife (husband) does or does not work off-farm, and this structure is endogenous. The model is fitted to data for Iowa farm households. The main conclusion is that the off-farm labour supply equation of a married individual differs significantly depending on whether his or her spouse also works for a wage. |
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