Event

Commitment and the Dynamics of Household Labor Supply by Alexandros Theloudis

Join Dr Alexandros Theloudis for this event, which is part of the Macroeconomics Research Seminar Series, Autumn Term 2021

  • Tue 9 Nov 21

    13:00 - 14:30

  • Colchester Campus

    5B.111a

  • Event speaker

    Alexandros Theloudis

  • Event type

    Lectures, talks and seminars
    Macro Economics Research Series

  • Event organiser

    Economics, Department of

Join Dr Alexandros Theloudis as they present their research on Commitment and the Dynamics of Household Labor Supply

Commitment and the Dynamics of Household Labor Supply by Alexandros Theloudis

Join us for this weeks Macroeconomics Research Seminar, Autumn Term 2021.

Dr Alexandros Theloudis from the Department of Econometrics & Operations Research at Tilburg University will present their research on Commitment and the Dynamics of Household Labor Supply.

Abstract

We study household labor supply, within the context of an intertemporal collective model, in three prominent intrahousehold commitment regimes: full commitment, no commitment, and limited commitment. We propose a test that distinguishes among all three alternatives based on how contemporary and historical changes to the economic environment (current and past shocks) affect household behavior. We implement the test on recent data from the Panel Study of Income Dynamics in the US. Although couples and singles behave similarly in many aspects, couples' behavior exhibits distinctive features that are consistent with limited commitment. We then use our results to highlight several issues and caveats that arise when testing for commitment in broader settings  

This seminar will be held at 1pm at the Colchester Campus in 5B.111a. This event is open to all levels of study and is also open to the public, but will also be held on Zoom.

To register your place, please contact the seminar organisers.

This event is part of the Macroeconomics Research Seminar Series.

 

A lady handling money
Contact the seminar organisers
Dr Alexander Clymo Department of Economics
University of Essex
Department of Economics University of Essex
Wivenhoe Park, Colchester, CO4 3SQ
Telephone: 01206 872728

Related events