タイトル（掲載誌）CRR Working Paper, Series A
一般注記type:Technical Report
We conduct a comprehensive analysis of the existing literature on the labor supply ofJapanese married women using the Japanese Panel Survey of Consumers. We first conduct adetailed sensitivity analysis of the estimates of the wage elasticity to various economicand statistical assumptions used in the past studies. We then provide a new estimate ofthe labor supply model that simultaneously controls for wage endogeneity, sampleselection into labor force as well as the possibly endogenous selection between differentsegments of the non-linear and often discontinuous budget constraint in a jointmaximum likelihood estimation. We reject the assumption of wage exogeneity. Thewife's labor market experience appears to be a valid excluded instrument, whichvalidates most of the model specifications in the prior literature. The assumption ofno-sample selection bias is rejected. Our new estimate shows that there are notabledifferences in the labor supply behavior of women who choose different segments ofthe budget constraint. In particular, the wage elasticity of women who work within the1.03 million yen ceiling is twice more negative (-1.28) than that of women whoseincome exceeds the 1.41 million yen ceiling (-0.60). The wage elasticity smaller than -1for the former type of women suggests that they may be adjusting their hours of workso as to contain their income within the 1.03 million yen ceiling.
identifier:CRR Working Paper, Series A, No. A-17, pp. 1-43
一次資料へのリンクURLhttps://shiga-u.repo.nii.ac.jp/?action=repository_action_common_download&item_id=9953&item_no=1&attribute_id=19&file_no=1
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）