Testing the predictive value of subjective labour supply data (replication data) ...

Empirical implementation of labour supply theories is usually based on actual hours of work. This requires strong assumptions on the impact of labour demand. To avoid these assumptions, subjective data on desired labour supply can be used. In this paper we investigate whether respondents' answers to survey questions on the desired number of working hours contain additional information on the respondents' preferences. Using panel data for the Netherlands, we analyse whether deviations between desired hours and actual hours of work help to predict future changes in the respondents' actual workin... Mehr ...

Verfasser: Euwals, Rob
Melenberg, Bertrand
Soest, Arthur Van
Dokumenttyp: Artikel
Erscheinungsdatum: 1998
Verlag/Hrsg.: ZBW - Leibniz Informationszentrum Wirtschaft
Schlagwörter: Estimation / Labour supply / Netherlands / Panel study
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-29159460
Datenquelle: BASE; Originalkatalog
Powered By: BASE
Link(s) : https://dx.doi.org/10.15456/jae.2022314.0706822499

Empirical implementation of labour supply theories is usually based on actual hours of work. This requires strong assumptions on the impact of labour demand. To avoid these assumptions, subjective data on desired labour supply can be used. In this paper we investigate whether respondents' answers to survey questions on the desired number of working hours contain additional information on the respondents' preferences. Using panel data for the Netherlands, we analyse whether deviations between desired hours and actual hours of work help to predict future changes in the respondents' actual working hours. We use parametric and recently developed non-parametric tests. The results show that information on desired working hours is helpful in explaining female labour supply. For males the evidence is mixed. ...