Relaxing Intertemporal Separability: A Rational Habits Model of Labor Supply Estimated from Panel Data
放松了生命周期劳动供给模型中偏好跨期可分离的假设，利用密歇根收入动态面板数据估计了一个理性习惯模型，发现过去工作时间对当前决策有显著影响。
This article relaxes the assumption of separability of preferences over time that, although implausible, is usually maintained in life-cycle labor-supply models. An empirically tractable rational habits model is specified and estimated on the basis of a ten-year sample of men from the Michigan Panel of Income Dynamics. The effect of past hours of work in determining current hours decisions is found to be very important and well determined, having allowed for permanent individual differences and for time effects. Copyright 1991 by University of Chicago Press.