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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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2004.
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| Серии: | IMF Working Papers; Working Paper ;
No. 2004/020 |
| Online-ссылка: | Full text available on IMF |