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Nsttute for Research on Pover1ydlscwl~j~~ the Effect of Income and Wage Rates on the Labor Supply of Prime Age Women · the Effect of Income and Wage Rates on the Labor Supply of Prime Age Wol1en
| Content Provider | Semantic Scholar |
|---|---|
| Author | Garfinkel, Irv Masters, Stanley |
| Abstract | In this paper we estimate the effect of income and wage rates on the labor supply of prime age married women, single women, and female family heads. Economic theory predicts a positive substitution effect and, providing leisure is a normal good, a negative income effect. With a few exceptions we find positive substitution effects and negative income effects in all of our regressions for all of our female groups. Economic and sociological considerations also suggest that the magnitude of the income and substitution effects should vary with demographic groups. In general, the greater the social pressure to work the more narrow is the role for choice on economic grounds, and the smaller will be the income and substitution effects. As expected we find that the female groups have much more elastic labor supply than prime age married males. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.irp.wisc.edu/publications/dps/pdfs/dp20374.pdf |
| Alternate Webpage(s) | https://www.irp.wisc.edu/publications/dps/pdfs/dp20374.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
