Nonparametric analysis of household labor supply
Subtitle: goodness-of-fit and power of the unitary and the collective model
By: by Laurens Cherchye, Frederic Vermeulen
Contributors: Vermeulen, Frederic
Series: Discussion paper -- no. 2004; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2004
Publisher: IZA
Published: 2006
Place of publication: Bonn, Germany
Language: eng
Format: [electronic resource] :
Subjects: Households; Labor supply
Description: "We compare the empirical performance of unitary and collective labor supply models, using representative data from the Dutch DNB Household Survey. We conduct a nonparametric analysis that avoids the distortive impact of an erroneously specified functional form for the preferences and/or the intrahousehold bargaining process. Our analysis focuses on the goodness-of-fit of the two behavioral models. To guarantee a fair comparison, we complement this goodness-of-fit analysis with a power analysis. Our results strongly favor the collective approach to modeling the behavior of multi-person households"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 3/6/2006.

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