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Labour supply and commodity demands: an application to Irish data

Anthony Murphy () and Rodney Thom

No 198643, Working Papers from School of Economics, University College Dublin

Abstract: Annual Irish data are used to estimate a model which allows for the joint determination of commodity demands and labour supply. Consumer preferences are modelled by a cost function of the Gorman polar form which permits exact linear aggregation over individuals with different money wage rates. Separability between goods and leisure is rejected by the data. Labour supply is found to be a positive function of the wage rate.

Keywords: Labor supply--Ireland; Consumption (Economics)--Ireland (search for similar items in EconPapers)
Date: 1986-09
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http://hdl.handle.net/10197/1430 First version, 1986 (application/pdf)

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