Children and Labour Supply: Alternative Econometric Approaches

Female Labour Market Behaviour and Fertility: A Rational-Choice Approach, Springer-Verlag, Berlin/Heidelberg/New York, 1991

University of Alberta School of Business Research Paper No. 2013-278

Posted: 28 May 2013 Last revised: 30 May 2013

See all articles by Alice Orcutt Nakamura

Alice Orcutt Nakamura

University of Alberta - School of Business

Masao Nakamura

University of British Columbia (UBC) - Sauder School of Business

Date Written: April 4, 1990

Abstract

The way in which economist try to learn about economics responses, such as the effects of children on female labor supply, can be broken down into three steps: the consideration of information already available called a priori information, including inferences based on what economist believe they know about other aspects of economic behavior, and the formulation of qualitative, nonparametric behavioral concepts and hypotheses that are usually stated in words; the specification of mathematical models that are consistent with the a priori information and which provide parametric representation of the behavioral hypotheses of interest; and the use of available data and statistical methods to estimate, and then to test and interpret, the parameters of the specified mathematical models.

Suggested Citation

Nakamura, Alice Orcutt and Nakamura, Masao, Children and Labour Supply: Alternative Econometric Approaches (April 4, 1990). Female Labour Market Behaviour and Fertility: A Rational-Choice Approach, Springer-Verlag, Berlin/Heidelberg/New York, 1991, University of Alberta School of Business Research Paper No. 2013-278, Available at SSRN: https://ssrn.com/abstract=2270798

Alice Orcutt Nakamura (Contact Author)

University of Alberta - School of Business ( email )

2-32C Business Building
Edmonton, Alberta T6G 2R6
Canada

Masao Nakamura

University of British Columbia (UBC) - Sauder School of Business ( email )

2053 Main Mall
Vancouver, BC V6T 1Z2
Canada
604-822-8434 (Phone)
604-822-8477 (Fax)

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