Labor supply and intertemporal substitution

Richard Blundell, Costas Meghir, Pedro Neves

    Research output: Contribution to journalArticlepeer-review

    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 - Sep 1993

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