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Title: Youth Labour Supply and the Minimum Hours Constraint: The Case of Single Males
Resulting in 1 citation.
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Chen, Yu-Hsia |
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Youth Labour Supply and the Minimum Hours Constraint: The Case of Single Males Applied Economics 23,1B (January 1991): 229-235. Also: http://www.tandfonline.com/doi/abs/10.1080/00036849108841067 Cohort(s): NLSY79 Publisher: Chapman & Hall Keyword(s): Employment, Youth; Labor Supply; Minimum Wage; Wage Effects; Wages, Youth; Work Hours/Schedule Permission to reprint the abstract has not been received from the publisher. Traditionally, economists estimate labor supply functions by assuming that the deserved working hours are the desired working hours. However, if employers require some minimum working hours, for example, 40 hours a week, then the results obtained by the traditional approach will be misleading since the observed working hours might not be the desired working hours. A sample of 1982 NLSY data was used to estimate a youth supply function for models with and without the minimum hours constraint. The hypothesis of no minimum hours constraint was tested. The results show that the hypothesis was rejected at the 1% significance level, indicating that the minimum hours constraint is statistically significant in estimating a labor supply function. As expected, the estimated wage and expected nonlabor income effects on youth labor supply are underestimated and insignificant if the minimum wage constraint is ignored. [ABI/INFORM] |
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Bibliography Citation
Chen, Yu-Hsia. "Youth Labour Supply and the Minimum Hours Constraint: The Case of Single Males." Applied Economics 23,1B (January 1991): 229-235.
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