出版社：Dep. of Statistical Sciences "Paolo Fortunati", Università di Bologna
摘要：Empirical studies show that misspecification of the married (or cohabiting) women’s labour supply equation may produce inefficient wage-elasticity estimates. In order to reduce the variability of these estimates, we suggest a new approach based on instrumental variables given by the economic value of the domestic unpaid-work of women. Using Italian micro-data on time use (ISTAT Survey on Time Use), and applying both a parametric and a semiparametric procedure, we estimate robust wage-elasticity coefficients of married women’s labour supply. Our results suggest that women’s labour supply is negatively influenced by the indirect cost of their informal activity of childcare and domestic work.
