| By: |
Victoria Prowse (Nuffield College, Oxford University, UK) |
| Abstract: |
A multivariate extension of the standard labour supply model in
presented. In
the multivariate time allocation model leisure is
disaggregated into a number
of non market activities including
sports, volunteer work and home production.
Using data from the
2000 UK Time Use Survey, a linear expenditure system
is
estimated, allowing corner solutions in the time allocated to
market work
and non market activities. The effects of children,
age, gender and education
are largely as expected. The unusually
high wage elasticities are attributed
to a combination of the
functional form of the linear expenditure and the
treatment of
the zero observations. |
| Keywords: |
Time use, Labour supply, Corner solutions, Simulation inference |
| JEL: |
C15 C34 J22 |
| Date: |
2004–10–14 |
| URL: |
https://d.repec.org/n?u=RePEc:nuf:econwp:0422 |