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Labor Supply of Japanese Married Women: Sensitivity Analysis and a New Estimate
https://iuj.repo.nii.ac.jp/records/415
https://iuj.repo.nii.ac.jp/records/415217dcf22-b3af-47e9-bfd8-f1fbcffc9536
名前 / ファイル | ライセンス | アクション |
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Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
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公開日 | 2009-08-01 | |||||
タイトル | ||||||
タイトル | Labor Supply of Japanese Married Women: Sensitivity Analysis and a New Estimate | |||||
タイトル | ||||||
タイトル | Labor Supply of Japanese Married Women: Sensitivity Analysis and a New Estimate | |||||
言語 | en | |||||
言語 | ||||||
言語 | eng | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Female labor supply | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Spousal deduction | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Social Security System | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Non-linear budget constraint | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Female labor supply | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Spousal deduction | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Social Security System | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Non-linear budget constraint | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||
資源タイプ | departmental bulletin paper | |||||
著者 |
高橋, 新吾
× 高橋, 新吾× 川出, 真澄× 加藤, 竜太× Takahashi, Shingo× Kawade, Masumi× Kato, Ryuta Ray |
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抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | We conduct a comprehensive analysis of the existing literature on the labor supply of Japanese married women using the Japanese Panel Survey of Consumers. We first conduct a detailed sensitivity analysis of the estimates of the wage elasticity to various economic and statistical assumptions used in the past studies. We then provide a new estimate of the labor supply model that simultaneously controls for wage endogeneity, sample selection into labor force as well as the possibly endogenous selection between different segments of the non-linear and often discontinuous budget constraint in a joint maximum likelihood estimation. We reject the assumption of wage exogeneity. The wife's labor market experience appears to be a valid excluded instrument, which validates most of the model specifications in the prior literature. The assumption of no-sample selection bias is rejected. Our new estimate shows that there are notable differences in the labor supply behavior of women who choose different segments of the budget constraint. In particular, the wage elasticity of women who work within the 1.03 million yen ceiling is twice more negative (-1.28) than that of women whose income exceeds the 1.41 million yen ceiling (-0.60). The wage elasticity smaller than -1 for the former type of women suggests that they may be adjusting their hours of work so as to contain their income within the 1.03 million yen ceiling. | |||||
書誌情報 |
en : Economics & Management Series 発行日 2009-08-01 |