Does Spousal Labor Smooth Fluctuations in Husbands' Earnings? : The Role of Liquidity Constraints /

This paper theoretically and empirically investigates the role of spousal labor in buffering transitory shocks to husbands' earnings. To measure the amount of the shock that spousal labor absorbs, an instrumented cross-sectional variance decomposition is developed. Using data from the Panel Stu...

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Hlavní autor: Garcia-Escribano, Mercedes
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2004.
Edice:IMF Working Papers; Working Paper ; No. 2004/020
On-line přístup:Full text available on IMF