Women's Lifetime Labor Supply and Labor Market Experience

Hazan, Moshe; Maoz, Yishay

doi:10.2139/ssrn.309882

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Women's Lifetime Labor Supply and Labor Market Experience

49 Pages Posted: 3 May 2002 Last revised: 21 Mar 2010

See all articles by Moshe Hazan

Moshe Hazan

Tel Aviv University - Eitan Berglas School of Economics; Centre for Economic Policy Research (CEPR)

Yishay Maoz

The Open University of Israel - Department of Management and Economics

Date Written: February 2010

Abstract

The pattern of joining the labor force only at an advanced stage of the life-cycle was widespread among American women in the 1960s and 1970s, but not since the 1980s. To explain this change we conduct a theoretical analysis of the interrelation between women's lifetime labor supply choices and the dynamic macroeconomic environment. In our model women choose the late-entry pattern only at early stages of the growth process when wages are sufficiently low and grow sufficiently rapidly. As the economy grows, this lifetime labor profile vanishes and women either join the labor force either early in life or not at all.

Keywords: Experience, Labor Force Participation

JEL Classification: J16, J21, J22, J31

Suggested Citation: Suggested Citation

Hazan, Moshe and Maoz, Yishay, Women's Lifetime Labor Supply and Labor Market Experience (February 2010). Available at SSRN: https://ssrn.com/abstract=309882 or http://dx.doi.org/10.2139/ssrn.309882