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OUTLINE OF THE BASIC MODEL
RESTRICTED AND CORNER SOLUTIONS
2 other sections not shown
0WNT additional allocation analogous analysis annual weeks assumed budget constraint budget line Cobb-Douglas composite leisure constant consumption corner solution corresponding demand functions derived dimensions discontinuous Econ effective reservation wage estimation example exogenously expansion path expenditure function fixed weekly full income given gives Hanoch Heckman hours and weeks hours H husband husband's supplies implies income effects income F indifference curve indirect utility function individual labor force labor supply model labor supply variables leisure demands linear maximization nonparticipation nonworkweeks number of weeks optimal participation perfect substitutes positive Rand Corporation reduced utility function restricted selectivity bias shadow prices slope specification straint substituting Eq substitution effects supply curve supply equations supply of weeks survey week tion types of leisure unrestricted utility level variations W0NT wage rate weekly hours weekly time costs weeks labor supply weeks supply wife's reservation wage wife's wage workweeks zero