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THE CONVENTIONAL FORMULATION
CONDITIONAL LABOR SUPPLY FUNCTIONS
2 other sections not shown
assets censored regression model censored sample regression coefficient complementarity conditional labor supply consistent estimates constraint Eq corner solution empirical procedures equilibrium exogenous variables function Eq function of husbands gross substitutability Heckman household's level husband's conditional labor Husband's education husband's hours husband's labor supply husband's wage rate husbands with nonworking income effects instrumental variable Jacobi's theorem labor force participation labor force status labor supply equation labor supply function labor supply parameters lagrangian multiplier level of nonwage male labor supply marginal rate market wage offer nonwage income nonworking wives Number of children obtain ordinary least squares parameter estimates partial derivatives participation decision Probit quantity of labor rate of substitution reservation wage shadow wage function spouses substitution function theoretical tion types of husbands upward rising utility function wealth constraint Wife's education wife's hours wife's labor force wife's labor supply wife's shadow price wife's shadow wage wife's wage zero hours