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Unemployment and Female Labour Supply

Richard Blundell (), John Ham and Costas Meghir

Chapter 1 in Unemployment in Europe, 1989, pp 9-36 from Palgrave Macmillan

Abstract: Abstract The definition of labour-force participation in the standard labour-supply model stands in sharp contrast to that used in compiling the labour-force statistics. In the labour-supply models only those supplying positive hours of work are considered to be labour-force participants. On the other hand, participation in the labour-force statistics is often defined to include not only those supplying positive hours but also those actively searching for work. This paper is an attempt to reconcile these concepts by allowing ‘unemployed’ workers to enter a generalisation of the standard labour-supply model. This turns out to be a convenient way to enter demand-side factors directly into the determination of an individual’s labour market position. The model is applied with some success to the working behaviour of married women in the UK Family Expenditure Survey.

Keywords: Labour Supply; Wage Rate; Tobit Model; Wage Equation; Industry Dummy (search for similar items in EconPapers)
Date: 1989
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Journal Article: Unemployment and Female Labour Supply (1987)
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DOI: 10.1007/978-1-349-19795-8_2

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