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.
MLA
Heckman, James, and Orley Ashenfelter. “The Estimation of Income and Substitution Effects in a Model of Family Labor Supply.” Econometrica, vol. 42, .no 1, Econometric Society, 1974, pp. 73-86, https://www.jstor.org/stable/1913686
Chicago
Heckman, James, and Orley Ashenfelter. “The Estimation of Income and Substitution Effects in a Model of Family Labor Supply.” Econometrica, 42, .no 1, (Econometric Society: 1974), 73-86. https://www.jstor.org/stable/1913686
APA
Heckman, J., & Ashenfelter, O. (1974). The Estimation of Income and Substitution Effects in a Model of Family Labor Supply. Econometrica, 42(1), 73-86. https://www.jstor.org/stable/1913686
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