Journal Article

The Effect of Work Experience on Female Wages and Labour Supply

Sumru Altuğ and Robert A. Miller

in The Review of Economic Studies

Published on behalf of Review of Economic Studies Ltd

Volume 65, issue 1, pages 45-85
Published in print January 1998 | ISSN: 0034-6527
Published online January 1998 | e-ISSN: 1467-937X | DOI: http://dx.doi.org/10.1111/1467-937X.00035
The Effect of Work Experience on Female Wages and Labour Supply

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This paper develops and implements a semiparametric estimator for investigating, with panel data, the importance of human capital and time nonseparable preferences to females when aggregate shocks are present. It provides a set of conditions for making statistical inferences about agents' expectations of their correlated future choices, from a short panel. Under the assumption that observed allocations are Pareto optimal, a dynamic model of female labour supply and participation is estimated, in which experience on the job raises future wages, and time spent off the job in the past directly affects current utility (or, indirectly through productivity in the nonmarket sector).

Journal Article.  0 words. 

Subjects: Economics

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