Discrete Choice Models for Estimating Labor Supply: Working Paper 2021-04
Naveen Singhal
No 57027, Working Papers from Congressional Budget Office
Abstract:
This paper evaluates discrete choice models as tools for analyzing the effects of tax and transfer policies on labor supply. An advantage of discrete choice models is that they distinguish changes in labor force participation from changes in the hours of work. Such models can also capture the heterogeneity in labor supply response among and within demographic subpopulations.In this paper, two types of discrete choice models are estimated using cross-sectional data from the Current Population Survey: quadratic models and quasi-linear models. The models are
JEL-codes: C35 H31 J22 (search for similar items in EconPapers)
Date: 2021-04-15
New Economics Papers: this item is included in nep-dcm and nep-lma
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Persistent link: https://EconPapers.repec.org/RePEc:cbo:wpaper:57027
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