Labor supply and intertemporal substitution

Richard Blundell, Costas Meghir, Pedro Neves

Research output: Contribution to journalArticlepeer-review

42 Citations (Scopus)

Abstract

This paper concerns the estimation of an intertemporal model for labour supply and consumption that recognises the presence of nonworkers and which is cast in a structural optimising framework that allows for uncertainly. Through the utilisation of a micro-data source that measures consumption and labour supply we are able to estimate a flexible preference model which incorporates corner solutions and uncertainty.
Original languageEnglish
Pages (from-to)137-160
Number of pages24
JournalJournal of Econometrics
Volume59
Issue number1-2
DOIs
Publication statusPublished - Sept 1993

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