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Title:Explaining age and gender differences in employment rates: A labor supply side perspective PDF Logo
Authors:Humpert, Stephan
Pfeifer, Christian
Issue Date:2012
Series/Report no.:SOEPpapers on multidisciplinary panel data research 449
Abstract:This paper takes a labor supply perspective (neoclassical labor supply, job search) to explain the lower employment rates of older workers and women. The basic rationale is that workers choose non-employed if their reservation wages are larger than the offered wages. Whereas the offered wages depend on workers' productivity and firms' decisions, reservation wages are largely determined by workers' endowments and preferences for leisure. To shed some empirical light on this issue, we use German survey data to analyze age and gender differences in reservation and entry wages, preferred and actual working hours, and satisfaction with leisure and work.
Subjects:age
family gap
gender
job search
labor supply
reservation wages
JEL:J14
J22
J64
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
SOEPpapers on Multidisciplinary Panel Data Research, DIW

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