Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/147913 
Year of Publication: 
2016
Series/Report no.: 
IZA Discussion Papers No. 10227
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper studies the labor supply of South Indian boat owners using daily labor participation decisions of 249 boat owners during seven years. We test the standard neoclassical model of labor supply and find that boat owners' labor participation depends positively on expected earnings but also on recent accumulated earnings, albeit weakly. Participation elasticities with respect to expected earnings range between 0.8 and 1.3 and about -0.05 and -0.01 with respect to changes in recent income. While the standard neoclassical model is statistically rejected, it is a good approximation of the labor supply behavior of boat owners in southern India.
Subjects: 
intertemporal labor supply
daily income
JEL: 
J22
J31
Document Type: 
Working Paper

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