An Analysis of Women's Labor Force Participation in France: Cross-Section Estimates and Time-Series Evidence
This paper examines labor force participation of women in France and its evolution over time. Cross-section estimates of a logit model measure the effects on participation of wives' wages, husbands' earnings, families' unearned income, and number of children. They are found to be in accordance with theory. Applied to historical data, these estimates overpredict actual changes. A new specification of the participation model, using as endogenous variable the fraction of lifetime after leaving school spent in the labor force, shows that the effect of the main explanatory variable, education, changed over time. This model gives accurate predictions.