Estimating the wage elasticity of labor supply for married women in Russia

Andrey Polbin and Alexey Zamnius

Working Papers from Gaidar Institute for Economic Policy

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 tsk. It is shown that the husband's leisure and the number of children in the household have a negative effect on the woman's hours worked. The estimates of the Frisch elasticity of labor supply with respect to wages is close to 0.16.

Keywords: labor supply; Frisch elasticity; hours of work; job turnover (search for similar items in EconPapers)
JEL-codes: E24 J22 J24 J41 J63 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2021, Revised 2021
New Economics Papers: this item is included in nep-cis
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