Testing the Neoclassical Model of Family Labor Supply and Fertility

• Published in: The Journal of human resources Vol. 25; no. 4; pp. 599 - 634
• Main Author: Schultz, T. Paul
• Format: Journal Article
• Language: English
• Published: Madison University of Wisconsin Press 01.10.1990
• Subjects: Coefficients; Economic models; Families & family life; Female fertility; Fertility; Gender equality; Husbands; Income; Labor force; Labor supply; Maximum likelihood estimation; Men; Sampling methods; Social research; Symposium on Household Bargaining Models; Wages; Thailand

The McElroy-Horney Nash-bargaining model of family demand behavior relaxes the restriction that nonearned income of husband and wife had the identical effect on family labor supply and commodity demands. This restriction of the neoclassical model of family behavior is tested for the determination of...