Estimating intertemporal elasticity of substitution of labor supply for married women in Russia

Alexey Zamnius and Andrey Polbin

Applied Econometrics, 2021, vol. 64, 23-48

Abstract: This paper provides an econometric analysis of the labor supply function of married women in Russia based on data from RLMS HSE and methodology from the work (Heckman, MaCurdy, 1980), in which decisions about entering the labor market and the intensity of work are made within a dynamic optimization problem. It is shown that the husband’s leisure and the number of children living in the household have a negative effect on the woman’s hours worked. The estimate of the Frisch elasticity of labor supply with respect to wages lies near 0.16.

Keywords: labor supply function; Frisch labor supply elasticity; intertemporal substitution in labor supply; tobit-3 model; RLMS HSE. (search for similar items in EconPapers)
JEL-codes: D15 J20 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)

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