Borrowing Constraints, Occupational Choice, and Labor Supply
Borrowing Constraints, Occupational Choice, and Labor Supply
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借贷限制、职业选择和劳动力供给
DOI:
--
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发表时间:
1990
影响因子:
3.8
通讯作者:
D. Backus
中科院分区:
文献类型:
--
作者:
D. Bernhardt;D. Backus
We introduce borrowing constraints into the life-cycle theory of labor supply and show that they account for observed profiles in consumption, earnings, and hours worked. They can also account for differences in occupational choice across individuals who differ in initial wealth, marital status, or ability. This formalizes several aspects of observed differences in the labor-force behavior of men and women.