Earnings, Unemployment, and the Allocation of Time Over Time
构建并实证分析了一个劳动供给的随机动态模型,为已有实证模型提供了结构性经济基础,并检验了估计结果的含义。
A stochastic dynamic model of labour supply is specified and analysed empirically. The theoretical model provides a sound structural economic basis for a class of empirical models which have been shown useful. The implications of the estimated model are explored and diagnostic checks are suggested and implemented.