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Title: Intertemporal Labor Supply: An Assessment
Authors: Card, David
Keywords: lifecycle labor supply
intertemporal substitution
panel data
Issue Date: 1-Sep-1990
Citation: In Christopher Sims, editor, Advances in Econometrics, Sixth World Congress, New York: Cambridge University Press 1994
Series/Report no.: Working Papers (Princeton University. Industrial Relations Section) ; 269
Abstract: The lifecycle labor supply model has been proposed as an explanation for various dimensions of labor supply, including movements over the business cycle, changes with age, and within- person variation over time. According to the model, all of these elements are tied together by a combination of intertemporal substitution effects and wealth effects. This paper offers an assessment of the model's ability to explain the main components of labor supply, focusing on microeconometric evidence for men.
Appears in Collections:IRS Working Papers

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