Citation

Discussion Paper Details

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Title: Selection Criteria for a Microeconometric Model of Labour Supply

Author(s): Richard Blundell and Costas Meghir

Publication Date: March 1985

Keyword(s): Female Labour Supply, Microdata and Model Selection

Programme Area(s): Applied Macroeconomics

Abstract: In this paper we develop a set of selection criteria for the specification of a female labour supply model for microdata. We look at both economic and statistical criteria in assessing various models, paying particular attention to the flexibility of the economic model and the stochastic specification of unobservable factors. Using these criteria, a model is selected from a sample of United Kingdom Family Expenditure Survey data.

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Bibliographic Reference

Blundell, R and Meghir, C. 1985. 'Selection Criteria for a Microeconometric Model of Labour Supply'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=57