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Earnings, Unemployment, and the Allocation of Time Over Time

Kenneth Burdett, Nicholas Kiefer (), Dale Mortensen and George R. Neumann

The Review of Economic Studies, 1984, vol. 51, issue 4, 559-578

Abstract: A stochastic dynamic model of labour supply is specified and analysed empirically. The theoretical model provides a sound structural economic basis for a class of empirical models which have been shown useful. The implications of the estimated model are explored and diagnostic checks are suggested and implemented.

Date: 1984
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