Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/223987
Authors: 
Chiappori, Pierre-André
Gimenez-Nadal, J. Ignacio
Molina, José Alberto
Theloudis, Alexandros
Velilla, Jorge
Year of Publication: 
2020
Series/Report no.: 
IZA Discussion Papers No. 13545
Abstract: 
This paper studies household labor supply, within the context of an intertemporal collective model, and three prominent intrahousehold commitment regimes: full commitment, no commitment, and limited commitment. We propose a test that distinguishes among all three alternatives based on how contemporary and historical changes to the economic environment affect household behavior. We implement the test on recent data from the Panel Study of Income Dynamics in the US (1999-2017). Although couples and singles behave similarly in many aspects, couples' labor supply exhibits distinctive features that are consistent with limited commitment. We then use our results to highlight several issues and caveats that arise when testing for commitment.
Subjects: 
intertemporal collective model
household labor supply
commitment
PSID
JEL: 
D15
J22
Document Type: 
Working Paper

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