Female Labor Supply with a Discontinuous, Nonconvex Budget Constraint: Incorporation of a Part-Time/Full-Time Wage Differential
将兼职与全职的工资差异纳入女性劳动力供给模型,处理了由此产生的不连续、非凸预算约束,并估计了美国女性的劳动供给行为。
This paper incorporates the well-documented part-time/fulltime wage differential into an empirical labor supply model with both a heterogeneity- and a random-error term and estimates that model for women in the United States. Incorporation of the part-time/full-time wage differential results in a unique discontinuous, nonconvex budget set, and the consideration of estimation procedures previously unconfronted in the nonlinear budget constraint literature. The full structural representation of the budget constraint is shown to "fit" better than the alternative models estimated, and to yield a predicted hours distribution representative of actual hours. © 1997 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology