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 language | English |
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Pages (from-to) | 137-160 |
Number of pages | 24 |
Journal | Journal of Econometrics |
Volume | 59 |
Issue number | 1-2 |
DOIs | |
Publication status | Published - Sept 1993 |