EconPapers    
Economics at your fingertips  
 

Intrahousehold Commitment and Intertemporal Labor Supply

Pierre andré Chiappori, José ignacio Giménez-Nadal, José Alberto Molina (), Alexandros Theloudis () and Jorge Velilla ()
Authors registered in the RePEc Author Service: Jose Ignacio Gimenez-Nadal ()

No 2020-11, LISER Working Paper Series from LISER

Abstract: This paper studies household labor supply, within the context of an intertemporal collective model, and three prominent intrahousehold commitment regimes: full commitment, no commitment, and limited commitment. We propose a test that distinguishes among all three alternatives based on how contemporary and historical changes to the economic environment affect household behavior. We implement the test on recent data from the Panel Study of Income Dynamics in the US (1999-2017). Although couples and singles behave similarly in many aspects, couples' labor supply exhibits distinctive features that are consistent with limited commitment. We then use our results to highlight several issues and caveats that arise when testing for commitment.

Keywords: Intertemporal collective model; Household labor supply; Commitment; PSID (search for similar items in EconPapers)
JEL-codes: J22 (search for similar items in EconPapers)
Pages: 60 pages
Date: 2020-08
New Economics Papers: this item is included in nep-dem
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://www.liser.lu/publi_viewer.cfm?tmp=4488 (application/pdf)

Related works:
Working Paper: Intrahousehold Commitment and Intertemporal Labor Supply (2020) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:irs:cepswp:2020-11

Access Statistics for this paper

More papers in LISER Working Paper Series from LISER 11, Porte des Sciences, L-4366 Esch-sur-Alzette, G.-D. Luxembourg. Contact information at EDIRC.
Bibliographic data for series maintained by Library and Documentation ().

 
Page updated 2020-11-28
Handle: RePEc:irs:cepswp:2020-11