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Intertemporal Substitution in the Time Allocation of Married Women

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  • Ken Yamada

    (School of Economics, Singapore Management University)

Abstract

This paper studies a life-cycle model of home production to examine how married women change their allocation of time in response to evolutionary movements along the life-cycle wage profile in Japan. After accounting for the potential bias due to heterogeneity, measurement error, weak instruments, and missing data, the estimates of intertemporal substitution elasticity obtained from the home production model are moderate and similar to those obtained from the standard labor supply model.

Suggested Citation

  • Ken Yamada, 2012. "Intertemporal Substitution in the Time Allocation of Married Women," Working Papers 24-2012, Singapore Management University, School of Economics.
    • Handle: RePEc:siu:wpaper:24-2012
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    File URL: https://mercury.smu.edu.sg/rsrchpubupload/18081/time2_201111b.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    labor supply; home production; intertemporal substitution;
    All these keywords.

    JEL classification:

    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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