Estimation of Permanent and Transitory Response Functions in Panel Data: A Dynamic Labor Supply Model

1978 ◽  
pp. 367 ◽  
Author(s):  
Lillard
Keyword(s):  
Panel Data ◽  
Labor Supply ◽  
Response Functions ◽  
Supply Model

Health, Human Capital, and Life Cycle Labor Supply

2014 ◽  
Vol 104 (5) ◽  
pp. 127-131 ◽  
Author(s):  
Charles Hokayem ◽  
James P. Ziliak
Keyword(s):  
Human Capital ◽  
Life Cycle ◽  
Labor Supply ◽  
Strong Evidence ◽  
Capital Stock ◽  
Good Health ◽  
Learning By Doing ◽  
Health Capital ◽  
Supply Model

We use new PSID data on consumption and health, along with information on annual sick time, to estimate a structural labor supply model that incorporates a health capital stock with the traditional human capital learning-by-doing model. The estimates show strong evidence of learning by doing as well as strong persistence in health. However, the estimates reveal that time and money seem to have little effect on health consistent with 'flat of the curve' medicine. We find strong evidence that consumption and leisure are direct substitutes in preferences, and consumption and leisure are each utility complements with good health.

Estimating the perceived tax scale within a labor supply model

1996 ◽  
Vol 52 (1) ◽  
pp. 75-79 ◽  
Author(s):  
Kurt Brännäs ◽  
Niklas Karlsson
Keyword(s):  
Labor Supply ◽  
Supply Model
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