scholarly journals Retirement in a Life Cycle Model of Labor Supply with Home Production

2009 ◽  
Author(s):  
Richard Rogerson ◽  
Johanna Wallenius
Keyword(s):  
Life Cycle ◽  
Labor Supply ◽  
Home Production ◽  
Life Cycle Model ◽  
Cycle Model

Tax Incidence in a Life Cycle Model with Variable Labor Supply

1979 ◽  
Vol 93 (4) ◽  
pp. 705 ◽  
Author(s):  
Laurence J. Kotlikoff ◽  
Lawrence H. Summers
Keyword(s):  
Life Cycle ◽  
Labor Supply ◽  
Tax Incidence ◽  
Life Cycle Model ◽  
Cycle Model

scholarly journals Intertemporal and intratemporal consumption smoothing at retirement: micro evidence from detailed spending and time use data

2021 ◽  
pp. 1-22
Author(s):  
Jim Been ◽  
Kees Goudswaard
Keyword(s):  
Life Cycle ◽  
The Netherlands ◽  
Time Use ◽  
Causal Effect ◽  
Consumption Smoothing ◽  
Elasticity Of Substitution ◽  
Home Production ◽  
Life Cycle Model ◽  
Cycle Model ◽  
Total Consumption

Abstract Using detailed spending and time use data from the Netherlands, this paper analyzes the causal effect of retirement on spending and time use decisions. Both total consumption and disaggregated consumption categories are considered. We do not find empirical evidence for drops in households' total non-durable spending at retirement. Our estimates suggest increases in spending at retirement on goods that are complementary to leisure, but no decreases in spending on goods that are replaceable by home production. The quantitative implication of our empirical results for the Life-Cycle Model is an intertemporal elasticity of substitution for leisure below unity.

Explaining Changes in Female Labor Supply in a Life-Cycle Model

2008 ◽  
Vol 98 (4) ◽  
pp. 1517-1552 ◽  
Author(s):  
Orazio Attanasio ◽  
Hamish Low ◽  
Virginia Sánchez-Marcos
Keyword(s):  
Life Cycle ◽  
Labor Supply ◽  
Gender Gap ◽  
Female Labor Supply ◽  
Life Cycle Model ◽  
Cycle Model ◽  
Female Labor ◽  
Female Participation ◽  
Cost Of Children ◽  
The Cost

This paper studies the life-cycle labor supply of three cohorts of American women, born in the 1930s, 1940s, and 1950s. We focus on the increase in labor supply of mothers between the 1940s and 1950s cohorts. We construct a life-cycle model of female participation and savings, and calibrate the model to match the behavior of the middle cohort. We investigate which changes in the determinants of labor supply account for the increases in participation early in the life-cycle observed for the youngest cohort. A combination of a reduction in the cost of children alongside a reduction in the wage-gender gap is needed. (JEL D91, J16, J22, J31)

scholarly journals Labor supply flexibility and portfolio choice in a life cycle model

1992 ◽  
Vol 16 (3-4) ◽  
pp. 427-449 ◽  
Author(s):  
Zvi Bodie ◽  
Robert C. Merton ◽  
William F. Samuelson
Keyword(s):  
Life Cycle ◽  
Labor Supply ◽  
Portfolio Choice ◽  
Life Cycle Model ◽  
Cycle Model ◽  
Supply Flexibility
Sign in / Sign up

Export Citation Format

Share Document