Joint estimation of sequential labor force participation and fertility decisions using Markov chain Monte Carlo techniques

Labour Economics

Volumn 17, Issue 1, 2010, Pages 150-169

  Troske, Kenneth R ^a,b   Voicu, Alexandru ^b,c  

^a UNIVERSITY OF KENTUCKY   (United States)

^b IZA   (Germany)

^c CITY UNIVERSITY OF NEW YORK   (United States)

Author keywords

Endogenous fertility decisions; Female labor supply; Gibbs sampler; Heterogeneous children effects; Multinomial probit model

Indexed keywords

EID: 73549094742     PISSN: 09275371     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.labeco.2009.07.003     Document Type: Article

References (64)

1. Aaronson D. Using sibling data to estimate the impact of neighborhoods on children's educational outcomes. Journal of Human Resources 33 (1998) 915-946
2. Altonji J.G., and Blank R.M. Race and gender in the labor market. In: Ashenfelter O., and Card D. (Eds). Handbook of Labor Economics (1999), North-Holland, Amsterdam 3143-3259
3. Angrist J.D., and Evans W.N. Children and their parents' labor supply: evidence from exogenous variation is family size. The American Economic Review 80 (1998) 450-477
4. Axinn W.G., Clarkberg M.E., and Thornton A. Family influences on family size preferences. Demography 31 (1994) 65-79
5. Bell D. Why participation rates of black and white wives differ. Journal of Human Resources 9 (1974) 465-479
6. Björklund A., and Moffitt R. The estimation of wage and welfare gains in self-selection models. Review of Economics and Statistics 69 (1987) 42-49
7. Blank R.M. The role of part-time work in women's labor market choices over time. The American Economic Review, Papers and Proceedings 79 (1989) 295:299
8. Blank R.M. Labor market dynamics and part-time work. In: Solomon P. (Ed). Research in Labor Economics vol. 17 (1994), JAI Press, Greenwich, CT
9. Blau F.D. Trends in the well-being of American women (1970-1995). Journal of Economic Literature 36 (1998) 112-165
10. Blau F.D., Ferber M.A., and Winkler A.E. The Economics of Women, Men, and Work (1998), Prentice Hall, Englewood Cliffs, New Jersey
11. Brooks S.P., and Gelman A. General methods for monitoring convergence of iterative simulations. Journal of Computational and Graphical Statistics 7 (1998) 434-455
12. Brooks-Gunn J., Han W.-J., and Waldfogel J. Maternal employment and child cognitive outcomes in the first three years of life: the NICHD study of early child care. Child Development 73 (2002) 1052-1072
13. Browning M. Children and household economic behavior. Journal of Economic Literature 30 (1992) 1434-1475
14. Browning M., Hansen L., and Heckman J. Estimating dynamic general equilibrium models. In: Taylor J., and Woodford M. (Eds). Handbook of Macroeconomics (1999), Elsevier, Amsterdam 543-633
15. Carneiro P., Heckman J., and Vytlacil E. Estimating the rate of return to schooling when it varies among individuals. Economic Journal Lecture, Royal Economic Society (2001)
16. Carrasco R. Binary choice with binary endogenous regressors in panel data: estimating the effect of fertility on female labor force participation. Journal of Business and Economic Statistics 19 (2001) 385-394
17. Chib S., and Greenberg E. Hierarchical analysis of SUR models with extensions to correlated serial errors and time-varying parameter models. Journal of Econometrics 68 (1995) 339-360
18. Chib S., and Greenberg E. Analysis of multivariate probit models. Biometrika 85 (1998) 347-361
19. Chib S., and Jeliazkov I. Semiparametric Hierarchical Bayes Analysis of Discrete Panel Data with State Dependence and Serial Correlation, unpublished manuscript (2003)
20. Folbre N. Children as public goods. American Economic Review 84 (1994) 86-90
21. Gelman A., and Rubin D.F. Inference form iterative simulations using multiple sequences, (with discussion). Statistical Science 7 (1992) 457-511
22. Geweke J. Bayesian inference in econometric models using Monte Carlo integration. Econometrica 57 (1989) 1317-1340
23. Geweke J. Efficient simulation from the multivariate normal and Student-T distributions subject to linear constraints. In: Keramidas E., and Kaufman S. (Eds). Computing Science and Statistics: Proceedings of the 23rd Symposium on the Interface (1991), Interface Foundation of North American, Fairfax Station, VA 571-578
24. Geweke J., and Keane M.P. Bayesian inference for dynamic discrete choice models without the need for dynamic programming. In: Mariano R.S., Schuermann T., and Weeks M. (Eds). Simulation-Based Inference in Econometrics: Methods and Applications (2000), Cambridge University Press, Cambridge 100-131
25. Geweke J., Keane M.P., and Runkle D.E. Statistical inference in the multinomial multiperiod probit model. Journal of Econometrics 80 (1997) 125-165
26. Giannelli G.C. Women's transitions in the labor market: a competing risks analysis on German panel data. Journal of Population Economics 9 (1996) 287-300
27. Gilks W.R., Wang C.C., Yvonnet B., and Coursaget P. Random-effects models for longitudinal data using Gibbs sampling. Biometrica 49 (1993) 441-453
28. Gronau R. The effect of children on the housewife's value of time. Journal of Political Economy 81 2 (1973) S168-S199 Part 2: New Economic Approaches to Fertility
29. Hajivassiliou V.A. Smooth Simulation Estimation of Panel Data LDV Models (1990), Department of Economics, Yale University
30. Haurin R.J., and Mott F.L. Adolescent sexual activity in the family context: the impact of older siblings. Demography 27 (1990) 537-557
31. Heckman J.J. Sample selection bias as a specification error: an application to estimation of female labor supply functions. In: Smith J. (Ed). Female Labor Supply (1980), Princeton University Press, Princeton, NJ 206-248
32. Heckman J., and Robb R. Alternative methods for evaluating the impact of interventions. In: Heckman J., and Singer B. (Eds). Longitudinal Analysis of Labor Market Data (1985), Cambridge University Press
33. Heckman J., and Vytlacil E. Local instrumental variables and latent variable models for identifying and bounding treatment effects. Proceedings of the National Academy of Sciences 96 (1999) 4730-4734 (April)
34. Heckman, J., Vytlacil, E., 2000. Causal Parameters, Structural Equations, Treatment Effects and Randomized Evaluations of Social Programs, Mimeo, UC and Stanford.
35. Heckman J., and Vytlacil E. Policy-relevant treatment effects. American Economic Review 91 (2001) 107-111
36. Heckman J.J., and Willis R.J. A beta-logistic model for the analysis of sequential labor force participation by married women. The Journal of Political Economy 85 (1977) 27-58
37. Hill C.R., and Stafford F.P. Parental care of children: time diary estimates of quantity, predictability, and variety. Journal of Human Resources 15 (1980) 219-239
38. Hogan D., and Kitagawa E. The impact of social status, family structure, and neighborhood on the fertility of black adolescents. American Journal of Sociology 90 (1985) 825-855
39. Hyslop D. State dependence, serial correlation and heterogeneity in intertemporal labor force participation of married women. Econometrica 67 (1999) 1255-1294
40. Imbens G., and Angrist J. Identification and estimation of local average treatment effects. Econometrica 62 (1994) 467-476
41. Keane M.P. A computationally practical simulation estimator for panel data. Econometrica 62 (1994) 95-116
42. Klerman J.A., and Leibowitz A. The work-employment distinction among new mothers. Journal of Human Resources 29 (1994) 277-303
43. Lehrer E.L. The impact of children on married women's labor supply: black-white differentials revisited. Journal of Human Resources 27 (1992) 422-444
44. Leibowitz A., Klerman J.A., and Waite L. Employment of new mothers and child care choice: differences by children's age. Journal of Human Resources 27 (1992) 112-123
45. Loughran, D.S., Zissimopoulos, J.M., 2009. Why Wait? The Effect of Marriage and Childbearing on the Wages of Men and Women. Journal of Human Resources 44, 326-349.
46. McCulloch R., and Rossi P. An exact analysis of the multinomial probit model. Journal of Econometrics 64 (1994) 207-240
47. Mincer J. Labor force participation of married women. In: Lewis H.G. (Ed). Aspects of Labor Economics (1962), Princeton University Press, Princeton, NJ 63-105
48. Mincer J., and Polachek S. Family investments in human capital: earnings of women. Journal of Political Economy 82 2 (1974) S76-S108 Part 2: Marriage, Family Human Capital, and Fertility
49. Mincer J., and Polachek S. An exchange: the theory of human capital and the earnings of women: women's earnings reexamined. Journal of Human Resources 13 (1978) 118-134
50. Moffitt, R., 2005. The Effect of Transfer Programs on Labor Supply in the Presence of Preference Heterogeneity and Variable Takeup, Mimeo, Johns Hopkins University.
51. Montgomery M.R., and Casterline J.B. Social learning, social influence, and new models of fertility. Population and Development Review 22 (1996) 151-175 Supplement: Fertility in the United States: New Patterns, New Theories
52. Mortensen D.T. Job search and labor market analysis. In: Ashenfelter O., and Layard R. (Eds). Handbook of Labor Economics (1986), North-Holland, Amsterdam 849-919
53. Nakamura A., and Nakamura M. The econometrics of female labor supply and children. Econometric Reviews 11 (1992) 1-71
54. Nakamura A., and Nakamura M. Predicting female labor supply. Effects of children and recent work experience. Journal of Human Resources 29 (1994) 304-327
55. Ondrich J., Spiess C.K., and Yang Q. Barefoot in a German kitchen: federal parental leave and benefit policy and the return to work after childbirth in Germany. Journal of Population Economics 9 (1996) 247-266
56. Powers D.A., and Hsueh J.C. Siblings models of socioeconomic effects on the timing of first premarital birth. Demography 34 (1997) 493-511
57. Rodgers J.L., and Rowe D.C. Influence of siblings on adolescent sexual behavior. Developmental Psychology 24 (1988) 722-728
58. Rönsen M., and Sundström M. Maternal employment in Scandinavia: a comparison of the after-birth employment activity of Norwegian and Swedish women. Journal of Population Economics 9 (1996) 267-285
59. Rosenzweig M.R., and Wolpin K.I. Life-cycle labor supply and fertility: causal inference from household models. The Journal of Political Economy 88 (1980) 328-348
60. Rowe D.C., Rodgers J.L., Meseck-Bushey S., and St. John C. Sexual behavior and nonsexual deviance: a sibling study of their relationship. Developmental Psychology 25 (1989) 61-69
61. Ruhm C. Parental employment and child cognitive development. Journal of Human Resources 39 (2004) 155-192
62. Shapiro D., and Mott F.L. Long-term employment and earnings of women in relation to employment behavior surrounding first birth. The Journal of Human Resources 29 (1994) 248-275
63. Voicu A., and Buddelmeyer H. Children and Women's Participation Dynamics: Direct and Indirect Effects. IZA Discussion paper vol. 729 (2003)
64. Waldfogel J., Han W.-J., and Brooks-Gunn J. The effects of early maternal employment on child cognitive development. Demography 39 (2002) 369-392