Alternative Approaches to Discrete Working Time Choice in an AGE Framework


Arntz, Melanie ; Boeters, Stefan ; Gürtzgen, Nicole


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URL: http://ub-madoc.bib.uni-mannheim.de/1179
URN: urn:nbn:de:bsz:180-madoc-11795
Document Type: Working paper
Year of publication: 2005
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: J22 J51 D58 ,
Subject headings (SWD): Arbeitsmarkt , Logit-Modell , Reform
Abstract: We compare two options of integrating discrete working time choice of heterogenous households into a general equilibrium model. The first, known from the literature, produces household heterogeneity through a working time preference parameter. We contrast this with a model that directly incorporates a logit discrete-choice approach into a AGE framework. On the grounds of both calibration consistency and adequate accomodation of within-household interaction, we argue that the logit approach is preferable.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Arntz, Melanie ; Boeters, Stefan ; Gürtzgen, Nicole (2005) Alternative Approaches to Discrete Working Time Choice in an AGE Framework. Open Access [Working paper]
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