Alternative Approaches to Discrete Working Time Choice in an AGE Framework

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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
The title of a journal, publication series:	None
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.

BASE: Arntz, Melanie ; Boeters, Stefan ; Gürtzgen, Nicole

Google Scholar: Arntz, Melanie ; Boeters, Stefan ; Gürtzgen, Nicole

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