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Work Costs and Nonconvex Preferences in the Estimation of Labor Supply Models

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NBER2003-01-01 更新2025-01-04 收录
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We first critique the manner in which work costs have been introduced into labor supply estimation, and note the difficulty of incorporating a realistic rendering of the costs of work. We then show that, if work costs are not accounted for in the budget and time constraints in a structural labor

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2003-01-01
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