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Author: Michalopoulos, Charles
Resulting in 1 citation.
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Michalopoulos, Charles |
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Interdependent Preferences, Habit Formation, and the Growth in Women's Employment Working Paper, Department of Economics, University of Wisconsin - Madison, 1991 Cohort(s): NLSY79, Young Women Publisher: Department of Economics, University of Wisconsin - Madison Keyword(s): Attitudes; Employment; Wives, Work; Women; Women's Roles; Work Attitudes Permission to reprint the abstract has not been received from the publisher. This paper investigates whether changing preferences explain part of the growth in women's employment since 1968. In a theoretical model, preferences change either through habit formation or interdependent preferences. In the estimation of this model, measures of attitudes toward women working are used to capture differences in preferences across individuals or time. Under favorable circumstances, the use of attitudinal measures alleviates identification problems found in previous estimates of models of habit formation and interdependent preferences. These attitudinal measures are found to be significant predictors of work decisions. In addition, the results support both interdependent preferences and habit formation is found. Approximately forty percent of the change in measured attitudes is attributed to habit formation or interdependent preferences. Changes in the attitude measures, in turn, account for about 15 percent of the growth in hours worked. |
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Bibliography Citation
Michalopoulos, Charles. "Interdependent Preferences, Habit Formation, and the Growth in Women's Employment." Working Paper, Department of Economics, University of Wisconsin - Madison, 1991. |