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The Labor Force Participation Behavior of Married Women under Conditions of Constraints on Borrowing*

* This paper has been replicated

Author

Listed:
  • A. Maureen O'Brien
  • Clifford B. Hawley

Abstract

This paper investigates the effect of a borrowing constraint on the labor force participation of married women. The model developed here relaxes the assumption of perfect markets found in standard life-cycle models. We find evidence that married women's work in the market is positively related to the existence and extent of family borrowing restrictions. We suggest that the failure to account for this constant in family borrowing may be the reason for the unexpected positive sign in most empirical studies of the effect of family assets on a wife's work.

Suggested Citation

  • A. Maureen O'Brien & Clifford B. Hawley, 1986. "The Labor Force Participation Behavior of Married Women under Conditions of Constraints on Borrowing," Journal of Human Resources, University of Wisconsin Press, vol. 21(2), pages 267-278.
    • Handle: RePEc:uwp:jhriss:v:21:y:1986:i:2:p:267-278
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    Citations

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    Cited by:

    1. Shin, Jaeun & Moon, Sangho, 2006. "Fertility, relative wages, and labor market decisions: A case of female teachers," Economics of Education Review, Elsevier, vol. 25(6), pages 591-604, December.
    2. Cédric Houdré, 2008. "Offre de travail et accession à la propriété : l’impact des contraintes d’emprunt sur l’activité des femmes en France," Économie et Statistique, Programme National Persée, vol. 417(1), pages 153-172.
    3. Attanasio, Orazio P., 1995. "The intertemporal allocation of consumption: theory and evidence," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 42(1), pages 39-56, June.
    4. Orazio P. Attanasio, 1998. "Consumption Demand," NBER Working Papers 6466, National Bureau of Economic Research, Inc.
    5. Rochelle Belkar & Lynne Cockerell & Rebecca Edwards, 2007. "Labour Force Participation and Household Debt," RBA Research Discussion Papers rdp2007-05, Reserve Bank of Australia.

    Replication

    This item has been replicated by:
  • Janice Shack-Marquez & William L. Wascher, 1987. "Some Direct Evidence on the Importance of Borrowing Constraints to the Labor Force Participation of Married Women," Journal of Human Resources, University of Wisconsin Press, vol. 22(4), pages 593-602.

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    1. The Labor Force Participation Behavior of Married Women under Conditions of Constraints on Borrowing (JHR 1986) in ReplicationWiki

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