The Market Resources Method for Solving Dynamic Optimization Problems

Kabukçuoğlu, Ayşe; Martínez‐García, Enrique

doi:10.24149/gwp274

Cited by 2 publications

(1 citation statement)

References 21 publications

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“…Labour-leisure (or labour-personal life; further labourleisure (personal life)) model characterizes the behaviour of labour supply participants (i.e. employees) in the labour market, when the time of individuals is divided into these separate parts: leisure and work (Fortin et al, 2010;Kabukcuoglu & Martinez-Garcia, 2016;Kalenkoski & Hamrick, 2013, etc.). Further in this article is presented and explained the theoretical assumptions about the main areas of time allocations and the main principles of it.…”

Section: Theoretical Background Of Time Allocation For Work and Persomentioning

confidence: 99%

Evaluation of the Time Allocation for Work and Personal Life among Employed Population in Lithuania from Gender Perspective

Lydeka

Tauraitė

2020

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In this paper, researchers examine the allocation of time for personal life and work. In fact, this phenomenon is particularly relevant in the 21st century because employed people are most commonly faced with many issues related with work-life conflict or work-life imbalance. This kind of problem can occur for both men and women, yet it is noteworthy that the time use features can naturally differ between both sexes: women and men. For this reason, focus of this study lies on the evaluation of work-life balance between employed Lithuanian men and employed Lithuanian women. Firstly, this article analyses the theoretical background of time allocation for personal life and work. Secondly, the methodology of empirical research is presented and substantiated. Although the research was conducted in Lithuania, the methodology can be applied in another country than refer to a nationality. The results of the empirical study have shown that there are some differences in time use between both sexes: women and men. Men spend relatively more time on sleep, other physiological needs (eating; personal hygiene etc.), science / studies, leisure (in the narrow sense), and traveling than women do. On the other hand, women spend relatively more time on paid work, housework and child care, and other activities of life. It should be emphasized that a significant difference in leisure time (in the narrow sense) use between men and women has been identified. This gives the opportunity to predicate that men spend more time in leisure (in the narrow sense) than women do.

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Section: Theoretical Background Of Time Allocation For Work and Persomentioning

confidence: 99%

Evaluation of the Time Allocation for Work and Personal Life among Employed Population in Lithuania from Gender Perspective

Lydeka

Tauraitė

2020

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Estimating Labor Supply Elasticities with Joint Borrowing Constraints of Couples

Bredemeier

Gravert

Juessen

2019

Journal of Labor Economics

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. ABSTRACT Estimating Labor-Supply Elasticities with Joint Borrowing Constraints of Couples *Estimates of Frisch labor-supply elasticities are biased in the presence of borrowing constraints. We show that this estimation bias is less pronounced for secondary than for primary earners. The reason is that, in households with two earners and joint borrowing constraints, wage-rate fluctuations of the secondary earner are less important for the couples' willingness to borrow than wage-rate changes of the primary earner. We illustrate the differential estimation bias in the framework of an incomplete-markets model with two-earner households and provide empirical support using PSID data. We show that Frisch elasticities can be estimated more consistently in samples of secondary earners. Our empirical results show that Frisch elasticities are larger than often reported in microeconometric studies. Further, we show that differences in labor-supply elasticities of men and women are overestimated when borrowing constraints are ignored. JEL Classification:E24, J16, J22, E21

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The Market Resources Method for Solving Dynamic Optimization Problems

Cited by 2 publications

References 21 publications

Evaluation of the Time Allocation for Work and Personal Life among Employed Population in Lithuania from Gender Perspective

Evaluation of the Time Allocation for Work and Personal Life among Employed Population in Lithuania from Gender Perspective

Estimating Labor Supply Elasticities with Joint Borrowing Constraints of Couples

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