On the Labor-Supply Effects of Age-Related Income Maintenance Programs

James P. Smith ()

Labor and Demography from EconWPA

Abstract: In this paper a model is developed which is designed to capture the channels through which income transfer programs are likely to affect working hours of family members. The model demonstrates that the appropriate framework is neither a pure one-period or life-cycle one, but rather one that contains elements of both models. The final section illustrates a method of estimating the labor-supply reactions to income maintenance programs. The labor-supply effects are functions of the duration of a family's participation and the relevant importance of male market investment.

JEL-codes: J (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lab
Date: 2004-02-18
Note: Type of Document - pdf; pages: 19. The Journal of Human Resources, Vol. 10, No. 1, Winter 1975, pp. 25-43
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http://129.3.20.41/eps/lab/papers/0402/0402006.pdf (application/pdf)

Related works:
Working Paper: On the Labor-Supply Effects of Age-Related Income Maintenance Programs (2004)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpla:0402006

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