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The Estimation of Income and Substitution Effects in a Model of Family Labor Supply

Orley Ashenfelter and James Heckman
Econometrica
Vol. 42, No. 1 (Jan., 1974), pp. 73-85
Published by: The Econometric Society
DOI: 10.2307/1913686
Stable URL: http://www.jstor.org/stable/1913686
Page Count: 13
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
The Estimation of Income and Substitution Effects in a Model of Family Labor Supply
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Abstract

This paper contains the formulation of the theoretical restrictions on the labor supply functions of the husband and wife in a model of family labor supply in a manner that makes them readily amenable to test and, if they are not rejected, to imposition onto the data. It also contains an application of the proposed empirical counterparts of the theoretical equations to cross-sectional data from the 1960 U.S. Census of Population.

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