Abstract

In this article, the results are presented of the estimation of a variant of Leuthold's model of labour supply of married couples in the Netherlands. Both in the case of husbands and in the case of wives the labour supply curve proves to be forward bending. The income effects are negative, but significantly different from zero only in the case of wives. The theorem that the substitution effect is positive is confirmed by the empirical results obtained. The labour supply of wives proves to be more sensitive to wage rate and income changes than the labour supply of wives proves to be more sensitive to wage rate and income changes than the labour supply of husbands. A comparison is made between the results obtained here and those mentioned in studies for the United States. The article is closed with an overview of some policy implications.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.