Household vs. personal accounts of the U.S. Labor Market, 1965-2000
By: Casey B. Mulligan, Yona Rubinstein.
Contributors: Poterba, James M.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10320; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10320.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "The empirical labor supply literature includes some simple aggregate studies, and some individual-level studies explicitly accounting for heterogeneity and the discrete choice, but sometimes leaving open the ultimately aggregate questions that motivated the study.  As a middle ground, we construct household-based measures of labor supply by within-household aggregating answers to the usual weeks and hours worked questionnaire items.  Household (H) measures are substantially different than the more familiar person (P) measures: H employment rates are relatively higher, with little trend, and relatively little fluctuations.  From the H point of view, essentially all aggregate hours trends and fluctuations can be attributed to changes on the intensive' margin and not the extensive' margin a characterization that is opposite of that derived from P measures.  The cross-H distribution of hours is richer, and less spiked, than the cross-P distribution.  Labor supply is more wage elastic from an H point of view"--National Bureau of Economic Research web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 1/21/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.