CEU Electronic Theses and Dissertations, 2016
| Author | Davletov, Chyngyz |
|---|---|
| Title | Estimating the life-cycle model of labor supply of males in kyrgyzstan |
| Summary | Abstract The aim of this study is to present and estimate MaCurdy’s empirical model of the labor supply over the life-cycle using the sample of prime-age males in Kyrgyzstan. The data set used in the analysis is taken from Life in Kyrgyzstan panel survey of households and individuals. The sample includes 60 males who were continuously employed, married, and who were 25 – 46 years old during the sample period which covers years 2010 – 2012. 2SLS estimation technique was applied to estimate the labor supply function and the specification for the individual effects. The former provided the estimate of the intertemporal substitution elasticity, the latter determined the parameters necessary to describe the labor supply response to parametric wage changes. Results suggest that, contrary to the existing literature and MaCurdy’s own findings, the estimated coefficient for the intertemporal elasticity is negative, however statistically insignificant. Uncompensated and compensated elasticities are estimated to be negative and close to zero. The lack of predictive power of the proposed instruments is likely to be the main reason for the obtained results. This issue can be addressed in future research. |
| Supervisor | Earle John Sutherland |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2016/davletov_chyngyz.pdf |
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