Collaborative Research: Dynamic Stochastic Models of Labor Supply and Participation

本研究是对女性劳动力供给的一次实证调查。第一部分侧重于工作经验如何影响未来的工资和劳动力供应决策；第二部分关注已婚夫妇共同做出的劳动力供应决策。劳动力市场状况随着商业周期的变化而变化，这种波动会影响个人和家庭的决定，进而影响未来的工资和就业率，这使得估计变得复杂。由于以前的研究在很大程度上忽略了这一动态现象，因此研究的一个重要组成部分是从基础经济框架开发计量技术，以便与所提出的经验策略一起实施。这项研究很重要，因为它将提供对影响女性在劳动力市场的参与和成功的因素的更深层次的了解。

This research is an empirical investigation of female labor supply. The first part focuses upon how experience on the job affects future wages and labor supply decisions; the second part looks at joint labor supply decisions taken by married couples. The estimation is complicated by the fact that labor market conditions change with the business cycle, fluctuations that affect the decisions of individuals and households, which in turn feed forward into future wage and employment rates. Since previous research has largely ignored this dynamic phenomenon, an important component of the research is to develop econometric techniques from the underlying economic framework which can implement with the proposed empirical strategy. This research is important because it will provide a deeper understanding of factors that affect the participation and success of women in the labor market.