The role of labor and marriage markets, preference heterogeneity and the welfare system in the life cycle decisions of black, hispanic and white women. PIER Working paper N
| Title: | The role of labor and marriage markets, preference heterogeneity and the welfare system in the life cycle decisions of black, hispanic and white women. PIER Working paper N |
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| Authors: | Michael P. Keane; Kenneth I. Wolpin; Jel Codes J; J I. Introduction |
| Contributors: | The Pennsylvania State University CiteSeerX Archives |
| Source: | http://cowles.econ.yale.edu/conferences/2007/75ann/keane.pdf. |
| Collection: | CiteSeerX |
| Subject Terms: | female life-cycle behavior; labor market opportunities; marriage market opportunities; public welfare |
| Description: | Using data from the NLSY79, we structurally estimate a dynamic model of the life cycle decisions of young women. The women make sequential joint decisions about school attendance, work, marriage, fertility and welfare participation. We use the model to perform counterfactual simulations designed to shed light on three questions: (1) How much of observed minoritymajority differences in behavior can be attributed to differences in labor market opportunities, marriage market opportunities, and preference heterogeneity? (2) How does the welfare system interact with these factors to augment those differences? (3) How can new cohorts that grow up under the new welfare system (TANF) be expected to behave compared to older cohorts? |
| Document Type: | text |
| File Description: | application/pdf |
| Language: | English |
| Relation: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.397.2480; http://cowles.econ.yale.edu/conferences/2007/75ann/keane.pdf |
| Availability: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.397.2480; http://cowles.econ.yale.edu/conferences/2007/75ann/keane.pdf |
| Rights: | Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| Accession Number: | edsbas.CC8F7031 |
| Database: | BASE |