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Joint Estimation of Sequential Labor Force Participation and Fertility Decisions Using Markov Chain Monte Carlo Techniques

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dc.creator Troske, Kenneth R.
dc.creator Voicu, Alexandru
dc.date 2004
dc.date.accessioned 2013-10-16T07:10:53Z
dc.date.available 2013-10-16T07:10:53Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20515
dc.identifier ppn:395905486
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20515
dc.description In this paper we estimate the causal effect of children on the labor supply of women using panel data on women from the 1979 National Longitudinal Survey of Youth (NLSY79). We examine the effect of children both prior to and after birth as well as how the effect of children varies with the number of children. We also decompose the total effect of children into the direct and indirect components and separately examine the dynamics of these components. Sequential participation decisions for four levels of labor market involvement and fertility decisions are jointly modeled. We allow decisions to be correlated in a general fashion both across time and across choices. The estimation is performed using Markov chain Monte Carlo methods. We find that children have a strong effect on a women's labor market behavior in both the pre- and post-birth period. We also find that both the direct and indirect effects are large immediately after the birth of a child but that the indirect effect declines quickly over time. The effects of children vary by education and race.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 1251
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J22
dc.subject J13
dc.subject C15
dc.subject C11
dc.subject ddc:330
dc.subject female labor supply
dc.subject multivariate probit model
dc.subject Gibbs sampler
dc.subject Frauenerwerbstätigkeit
dc.subject Kinderbetreuung
dc.subject Arbeitsangebot
dc.subject Familienökonomik
dc.subject Schätzung
dc.subject Vereinigte Staaten
dc.title Joint Estimation of Sequential Labor Force Participation and Fertility Decisions Using Markov Chain Monte Carlo Techniques
dc.type doc-type:workingPaper


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