Different Modeling Strategies for Discrete Choice Models of Female Labour Supply: Estimates for Switzerland

Nyffeler, Reto (July 2005). Different Modeling Strategies for Discrete Choice Models of Female Labour Supply: Estimates for Switzerland (Discussion Papers 05-08). Bern: Department of Economics

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In recent applications of discrete choice models of labour supply considerable attention has been devoted to strategies to increase the flexibility of models for a better fit to the data. These include the introduction of random parameters, fixed cost of work or flexible functional forms of preferences. Based on estimates of models of recent studies this paper compares these different modeling strategies. Results for Swiss data show that the traditional way to interpret fixed cost of work is ad hoc. Furthermore our results indicate that care should be taken when using very general function forms of preferences.

Item Type:

Working Paper

Division/Institute:

03 Faculty of Business, Economics and Social Sciences > Department of Economics

UniBE Contributor:

Nyffeler, Reto

Subjects:

300 Social sciences, sociology & anthropology > 330 Economics

Series:

Discussion Papers

Publisher:

Department of Economics

Language:

English

Submitter:

Lars Tschannen

Date Deposited:

02 Oct 2020 10:42

Last Modified:

02 Oct 2020 10:42

JEL Classification:

C25, C52, H31, J22

BORIS DOI:

10.7892/boris.145669

URI:

https://boris.unibe.ch/id/eprint/145669

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