The Effect of Job Flexibility on Female Labor Market Outcomes: Estimates from a Search and Bargaining Model
Luca Flabbi and Andrea Moro ()
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Luca Flabbi and Andrea Moro: Department of Economics, Georgetown University, https://sites.google.com/site/lucaflabbi/
Authors registered in the RePEc Author Service: Andrea Moro () and
Working Papers from Georgetown University, Department of Economics
In this article, we develop a search model of the labor market in which jobs are characterized by work-hours flexibility. Workers value flexibility, which is costly for employers to provide. We estimate the model on a sample of women extracted from the CPS. The model parameters are empirically identified because the accepted wage distributions of flexible and non-flexible jobs are directly related to the preference for flexibility parameters. Results show that more than one-third of women place a small, positive value on flexibility. Women with a college degree value flexibility more than women with only a high school degree. Counterfactual experiments show that flexibility has a substantial impact on the wage distribution but a negligible impact on the unemployment rate. These results suggest that wage and schooling differences between males and females may be importantly related to flexibility.
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Journal Article: The effect of job flexibility on female labor market outcomes: Estimates from a search and bargaining model (2012)
Working Paper: The Effect of Job Flexibility on Female Labor Market Outcomes: Estimates from a Search and Bargaining Model (2010)
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Persistent link: http://EconPapers.repec.org/RePEc:geo:guwopa:gueconwpa~11-11-04
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Roger Lagunoff Professor of Economics Georgetown University Department of Economics Washington, DC 20057-1036
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