Review of Economic Studies Vol. 51 No. 2 1984

Profiles of Fertility, Labour Supply and Wages of Married Women: A Complete Life-Cycle Model

Robert Moffitt^1,2

¹ Rutgers Sexual and Reproductive Health and Rights · ² Rutgers, The State University of New Jersey

Abstract

This paper is an econometric examination of female fertility and labour-supply decisions. Based upon utility-maximizing choice, fertility and labour-supply demand functions are specified and estimated jointly with a wage-accumulation equation. A main contribution of the paper is the demonstration of a maximum-likelihood estimation method which avoids the main selectivity-bias problems in this area.

DOI

10.2307/2297691

Volume

51

Issue

2

Pages

263

Sources

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