Review of Economic Studies Vol. 51 No. 4 1984

Earnings, Unemployment, and the Allocation of Time Over Time

K. Burdett¹; Nicholas M. Kiefer¹; D. T. Mortensen²; G. R. Neumann³

¹ Cornell University · ² Northwestern University · ³ Northwestern University and Economics Research Centre/ NORC

Abstract

A stochastic dynamic model of labour supply is specified and analysed empirically. The theoretical model provides a sound structural economic basis for a class of empirical models which have been shown useful. The implications of the estimated model are explored and diagnostic checks are suggested and implemented.

DOI

10.2307/2297779

Volume

51

Issue

4

Pages

559-578

Language

en

Sources

openalex crossref

Cite

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