Household Labor Supply and Welfare Participation in Sweden

Flood, Lennart,1952Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik,Department of Economics (författare)

Using a sample of Swedish households, we estimate a household labor supply model assuming that preferences for consumption and leisure can be described by a direct translog utility function. The labor supply and welfare participation decisions are treated as a discrete choice problem, and we assume that these choices follow a simple conditional logit rule. In addition, we allow unobserved individual- specific effects to be correlated across alternatives. We assume that these unobserved effects are drawn from a discrete distribution, and the correlation across alternatives is modeled using factor-loading techniques. Classification error in hours is allowed for by using a multiplicative measurement error specification. The estimates from the structural model yield inelastic labor supply among husbands and positive wage elasticity for wives. Further, the cross elasticities are close to zero.

SAMHÄLLSVETENSKAP Ekonomi och näringsliv Nationalekonomi hsv//swe
SOCIAL SCIENCES Economics and Business Economics hsv//eng
Labor Supply; Welfare Participation; Unobserved Heterogeneity; Factor Loading; Tax Simulation

Hansen, Jörgen (författare)
Wahlberg, Roger,1966Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik,Department of Economics(Swepub:gu)xwahro (författare)
Göteborgs universitetInstitutionen för nationalekonomi med statistik (creator_code:org_t)

Av författaren/redakt...: Flood, Lennart, ...; Hansen, Jörgen; Wahlberg, Roger, ...

Om ämnet

SAMHÄLLSVETENSKAP: SAMHÄLLSVETENSKA ...; och Ekonomi och näri ...; och Nationalekonomi

Kungliga biblioteket hanterar dina personuppgifter i enlighet med EU:s dataskyddsförordning (2018), GDPR. Läs mer om hur det funkar här.
Så här hanterar KB dina uppgifter vid användning av denna tjänst.