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Title: Assets, Non-employment Income, and Alternative Models of Labor Supply
Resulting in 1 citation.
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Fleisher, Belton M. Porter, Richard D. |
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Assets, Non-employment Income, and Alternative Models of Labor Supply Report, Columbus OH: Center for Human Resource Research, The Ohio State University, 1971 Cohort(s): Older Men Publisher: Center for Human Resource Research Keyword(s): Assets; Income Dynamics/Shocks; Labor Supply The report is based on a very limited portion of the NLS data collected in the first two surveys of the older group of men in mid-1966 and mid-1967. Previous reports-The Pre-Retirement Years, Volume I (1968) and Volume II (1969)--contain more comprehensive presentations of the findings of those surveys, based entirely on tabular analysis. Here the focus is narrower and the analysis is more intensive. Professors Fleisher and Porter describe their progress to date in an investigation of the factors influencing the amount of labor supplied by men 45-59. Their aim is to estimate parameters of the labor supply function for individual workers. Such estimates are of interest because of their relationship to important propositions of economic theory, and because labor market policy can be designed properly only if the structure of labor market relationships is well understood. In this report, Fleisher and Porter make full use of the longitudinal nature of the surveys, having developed an analytical framework especially well-suited to take advantage of the unique characteristics of these data. They develop several alternative models, evaluate their results, and show how they are of use in estimating the work disincentive effects of a "negative income tax". |
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Bibliography Citation
Fleisher, Belton M. and Richard D. Porter. "Assets, Non-employment Income, and Alternative Models of Labor Supply." Report, Columbus OH: Center for Human Resource Research, The Ohio State University, 1971. |