@techreport{Troske2004Joint,
abstract = {In this paper we estimate the causal effect of children on the labor supply of women using
panel data on women from the 1979 National Longitudinal Survey of Youth (NLSY79). We
examine the effect of children both prior to and after birth as well as how the effect of children
varies with the number of children. We also decompose the total effect of children into the
direct and indirect components and separately examine the dynamics of these components.
Sequential participation decisions for four levels of labor market involvement and fertility
decisions are jointly modeled. We allow decisions to be correlated in a general fashion both
across time and across choices. The estimation is performed using Markov chain Monte
Carlo methods. We find that children have a strong effect on a women's labor market
behavior in both the pre- and post-birth period. We also find that both the direct and indirect
effects are large immediately after the birth of a child but that the indirect effect declines
quickly over time. The effects of children vary by education and race.},
author = {Kenneth R. Troske and Alexandru Voicu},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {J22; J13; C15; C11; 330; female labor supply; multivariate probit model; Gibbs sampler; Frauenerwerbst\"{a}tigkeit; Kinderbetreuung; Arbeitsangebot; Familien\"{o}konomik; Sch\"{a}tzung; Vereinigte Staaten},
language = {eng},
number = {1251},
title = {Joint Estimation of Sequential Labor Force Participation and Fertility Decisions Using Markov Chain Monte Carlo Techniques},
type = {IZA Discussion paper series},
url = {http://hdl.handle.net/10419/20515},
year = {2004}
}
