Profiles of Fertility, Labour Supply and Wages of Married Women: A Complete Life-Cycle Model
用计量方法研究女性生育和劳动供给决策,通过联合估计生育、劳动供给和工资方程,提出一种避免选择性偏差的最大似然估计法。
This paper is an econometric examination of female fertility and labour-supply decisions. Based upon utility-maximizing choice, fertility and labour-supply demand functions are specified and estimated jointly with a wage-accumulation equation. A main contribution of the paper is the demonstration of a maximum-likelihood estimation method which avoids the main selectivity-bias problems in this area.