Labor Supply of Women and Empirical Studies

Labor Supply of Women:

Stylized facts about the female labour power in a number of countries:

A) Substantial dissimilarity across countries in the women’s labor force participation rates.

⇒ Differences in cultural factors, socio-economic status, institutional framework, etc.

B) Common tendency is increasing female labour force participation during past decades.

⇒ Rise in market wage/ decline in Fertility, reservation wage, Time-saving technological advance in household production, Cultural/ legal attitude toward women, Economic and social disruptions from two world wars and GD.

Role of changes in the wage rate as a major determinant of the increase in female labour force participation. As wage increases nonworking women have an incentive to reduce the time they allocate to the household sector and are more likely to enter the labor force.

Empirical Studies:

A) Most studies discover that a positive relationship between a woman’s hours of work and her wage rate (substitution effect dominates).

B) Recent studies, which control for selection bias arising from estimating labor supply models in the nonrandom sample of working women, however, tend to indicate that the size of the female labor supply elasticity may not be very large, perhaps on the order of 0.2.

C) Labor force participation rates as well as hours of work of married women respond to changes in the husband’s wage or income.

Latest technology based Microeconomics Online Tutoring Assistance

Tutors, at the, take pledge to provide full satisfaction and assurance in Microeconomics help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Microeconomics, project ideas and tutorials. We provide email based Microeconomics help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Microeconomics. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Microeconomics Homework help and assignment help services. They use their experience, as they have solved thousands of the Microeconomics assignments, which may help you to solve your complex issues of Microeconomics. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.

2015 ©TutorsGlobe All rights reserved. TutorsGlobe Rated 4.8/5 based on 34139 reviews.