scholarly journals Labour Supply and Earning Functions of Educated Married Women: A Case Study of Northern Punjab

2007 ◽  
Vol 46 (1) ◽  
pp. 45-62 ◽  
Author(s):  
Eatzaz Ahmad ◽  
Amtul Hafeez

This study analyses labour supply of educated married women in Mandi Bahauddin, a typical district of northern Punjab in Pakistan. The study finds that the education level and economic compulsion are important factors affecting women’s labour force participation decision. But, otherwise, they are independent in their decision-making, e.g., the women living in joint families or those with less educated husbands and/or parents are not socially constrained in terms of participation. Human capital variables like education, experience, and training, besides the nature of occupation and distance from the central city, are the important factors affecting women’s earning rates, while the hours of work are mainly determined institutionally.

Water Policy ◽  
2015 ◽  
Vol 18 (3) ◽  
pp. 599-618 ◽  
Author(s):  
Tinoush Jamali Jaghdani ◽  
Bernhard Brümmer

Market-based water allocation systems have the potential to ensure that scarce water will flow to the user who earns the highest marginal value from that water. However, the number of recorded instances where water supply problems are solved by market-based systems remains limited. This study attempts to identify the decisive factors that motivate farmers’ participation in informal spot water markets in the Rafsanjan aquifer in south-eastern Iran. A two-stage random sampling was carried out in a field survey from November 2008 to February 2009. A logit model is used to test the factors affecting farmers’ decisions to buy groundwater from neighbours who share the same pump. The results show that the technological variables contribute substantially to the participation decision. For example, a decrease in water quality, an increase in the age of the garden, and an increase in the size of the water quota reduce the probability of participation. In contrast, more scattered plots, a higher water flow level from pumping, and a deeper well increase the probability of participation in water markets. Finally, the results suggest that in this area, the participation in water markets is motivated more by profit increasing factors than by farmer socioeconomic characteristics.


Author(s):  
Hans Fehr ◽  
Fabian Kindermann

The optimal savings and investment decisions of households along the life cycle were a central issue in Chapter 5. There, savings decisions were made under various forms of risks.However, we restricted our analysis to three period models owing to the limitations of the numerical all-in-one solution we used. In this chapter we want to take a different approach. Applying the dynamic programming techniques learned so far allows us to separate decision-making at different stages of the life cycle into small sub-problems and therefore increase the number of periods we want to look at enormously. This enables us to take amuchmore detailed look at how life-cycle labour supply, savings, and portfolio choice decisions are made in the presence of earnings, investment, and longevity risk. Unlike in Chapter 9, the models we study here are partial equilibrium models. Hence, all prices as well as government policies are exogenous and do not react to changes in household behaviour. This chapter is split into two parts. The first part focuses on labour supply and savings decisions in the presence of labour-productivity and longevity risk. Insurance markets against these risks are missing, such that households will try to self-insure using the only savings vehicle available, a risk-free asset. This model is a quite standard workhorse model in macroeconomics and a straightforward general equilibrium extension exists, the overlapping generations model, which we study in Chapter 11. In the second part of the chapter, we slightly change our viewpoint and look upon the problem of life-cycle decision-making from a financial economics perspective. We therefore exclude laboursupply decisions, but focus on the optimal portfolio choice of households along the life cycle, when various forms of investment vehicles like bonds, stocks, annuities, and retirement accounts are available. This section is devoted to analysing consumption and savings behaviour when households face uncertainty about future earnings and the length of their life span. We study how households can use precautionary savings in a risk-free asset as a means to selfinsure against the risks they face. While in our baseline model we assume that agents always work full-time, we relax this assumption later on by considering a model with endogenous labour supply as well as a model with a labour-force participation decision of second earners within a family context.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lixin Cai

PurposeThe purpose of this study is to enhance understanding labour supply dynamics of the UK workers by examining whether and to what extent there is state dependence in the labour supply at both the extensive and intensive margins.Design/methodology/approachA dynamic two-tiered Tobit model is applied to the first seven waves of Understanding Society: the UK Household Longitudinal Study. The model used accounts for observed and unobserved individual heterogeneity and serially correlated transitory shocks to labour supply to draw inferences on state dependence.FindingsThe results show that both observed and unobserved individual heterogeneity contributes to observed inter-temporal persistence of the labour supply of the UK workers, and the persistence remains after these factors are controlled for, suggesting true state dependence at both the extensive and intensive margins of the labour supply. The study also finds that at both the margins, the state dependence of labour supply is larger for females than for males and that for both genders the state dependence is larger for people with low education, mature aged workers and people with long-standing illness or impairment. The results also show that estimates from a conventional Tobit model may produce misleading inferences regarding labour supply at the extensive and intensive margins.Originality/valueThis study adds to the international literature on labour supply dynamics by providing empirical evidence for both the extensive and intensive margins of labour supply, while previous studies tend to focus on the extensive margin of labour force participation only. Also, unlike earlier studies that often focus on females, this study compares labour supply dynamics between males and females. The study also compares the estimates from the more flexible two-tiered Tobit model with that from the conventional Tobit model.


2016 ◽  
Vol 43 (3) ◽  
pp. 418-431 ◽  
Author(s):  
Wasanthi Thenuwara ◽  
Bryan Morgan

Purpose – The purpose of this paper is to investigate the connection between labour supply and the wages of married women of different ages in Toronto using data from the 2010 Labour Force Survey of Canada. Design/methodology/approach – The authors employ three econometric techniques, ordinary least square, 2 stage least square and the Heckman two-step method to estimate the supply elasticities. The first two focus on the wage rate and hours conditional on the subjects being employed whereas the third method controls for sample selectivity bias by including the unemployed. Bootstrap test statistics are produced when the normality assumption for the error terms is found to be violated. Findings – The aggregate labour supply elasticity for married women in Toronto is estimated to be 0.053 which similar to value found for Canada for a whole in a previous study even though Toronto is much more diverse culturally than average. The labour supply elasticities for 25-34 year old and 35-44 year old married are estimated to be 0.108 and 0.079, respectively. The supply elasticity for married women aged 45-59 is not significantly different from 0. Originality/value – The paper shows that younger married women in Toronto are more responsive to an increase in wages than older women. The estimation procedure and the testing of the significance of coefficients are more rigorous than previous studies.


1982 ◽  
Vol 14 (5) ◽  
pp. 603-614 ◽  
Author(s):  
R B Davies ◽  
R Crouchley ◽  
A R Pickles

Data comprising a collection of short event series are increasingly encountered in social science research. Such series may be expected to be heterogeneous and nonstationary precluding conventional inferential methods. Tests are presented for homogeneity, nonstationarity, and zero order, with appropriate controls. The test procedures are based upon the subdivision of each series into a ‘conditioning sequence’ and an ‘experimental observation’. The tests are applied to data on labour force participation by married women.


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