Household Specialization and the Labor-Supply Elasticities of Women and Men
Christian Bredemeier
No 81, Working Paper Series in Economics from University of Cologne, Department of Economics
Abstract:
This paper studies gender differences in the elasticity of labor supply in a model of household specialization. I show that household specialization implies larger Frisch elasticities for the partner that specializes in home production. Quantitatively, empirical time-use ratios alone imply differences in the Frisch elasticity between women and men of more than 50%. Similar results are obtained for long-run elasticities. My results imply that the elasticity of labor supply is not a deep parameter which can, e.g., explain parts of the state-dependent effects of fiscal policy.
Keywords: Labor-supply elasticity; gender; home production (search for similar items in EconPapers)
JEL-codes: D13 E24 J16 J22 (search for similar items in EconPapers)
Date: 2015-04-01
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:kls:series:0081
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