Constrained vs Unconstrained Labor Supply: The Economics of Dual Job Holding

Francesco Renna, Ronald Oaxaca and Chung Choe

No 2013-03, LISER Working Paper Series from Luxembourg Institute of Socio-Economic Research (LISER)

Abstract: This paper develops a uni?ed model of dual and unitary job holding based on a Stone-Geary utility function. The model incorporates both constrained and unconstrained labor supply. Panel data methods are adapted to accommodate multinomial selection into 6 mutually exclusive labor supply regimes. We derive and estimate the associated Slutsky equation wage and income elasticities using data from the British Household Panel Survey 1991- 2008. Our study ?nds that the income and wage elasticities are much larger for labor supply to job 2 compared with job 1.

Keywords: dual job; labor supply; Stone-Geary (search for similar items in EconPapers)
JEL-codes: J22 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2013-03
New Economics Papers: this item is included in nep-lab, nep-lma and nep-ltv
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Citations: View citations in EconPapers (5)

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Related works:
Journal Article: Constrained vs unconstrained labor supply: the economics of dual job holding (2018)
Working Paper: Constrained vs Unconstrained Labor Supply: The Economics of Dual Job Holding (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:irs:cepswp:2013-03

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