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Author:Averett, S. L.
Hotchkiss, J. L.
Title:Female labor supply with discontinuous, nonconvex budget constraint: incorporation of a part-time/full-time wage differential
Journal:Review of Economics and Statistics
1997 : AUG, VOL. 79:3, p. 461-470
Index terms:PAY DIFFERENTIALS
LABOUR SUPPLY
WOMEN WORKERS
PART-TIME WORKERS
BUDGETING
Language:eng
Abstract:This study examines the role the well-documented part-time /full-time wage differential plays in determining labor supply by structurally incorporating that wage differential into the budget set that decision makers face. The incidence of a higher wage being paid to full-time workers and a lower wage being paid to part-time workers also provides a natural setting in which to explore the importance of tied wagehours offers in the estimation of labor supply. The discontinuity in the budget constraint generated by the part-time/ full-time wage differential introduces a degree of difficulty in the estimation procedure and raises some estimation issues previously not encountered in the nonlinear budget set literature.
SCIMA record nr: 165590
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