caa a22 4500 397544731 CHVBK 20180308164736.0 cr unu---uuuuu 161202e199604 xx s 000 0 eng 10.2307/2297850 doi (NATIONALLICENCE)oxford-10.2307/2297850 van der Klaauw Wilbert New York University Female Labour Supply and Marital Status Decisions: A Life-Cycle Model [Elektronische Daten] [Wilbert van der Klaauw] This paper studies the interdependence between and the determinants of life-cycle marital status and labour force participation decisions of women. A dynamic utility maximization model is presented and estimated using longitudinal data on women from the Panel Study of Income Dynamics. The MLE method employed, involves solving a dynamic programming problem. Further, a minimum distance estimator is proposed which allows for the incorporation of wage data in a computationally simple way. The estimates are used to predict changes in the life-cycle patterns of employment, marriage and divorce due to differences in education, race, the female's earnings and her (potential) husband's earnings. The estimation results indicate that the utility gains to marriage are decreasing in the female's wage rate and increasing in her (potential) husband's earnings, while the opposite is found for gains to working. Ignoring the endogeneity of marital status decisions is shown to lead to an underestimation of own and husband's wage effects on female labour supply. © 1996 The Review of Economic Studies Limited The Review of Economic Studies Wiley-Blackwell 63/2(1996-04), 199-235 0034-6527 63:2<199 1996 63 restud https://doi.org/10.2307/2297850 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.2307/2297850 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- van der Klaauw Wilbert New York University NATIONALLICENCE 773 0- The Review of Economic Studies Wiley-Blackwell 63/2(1996-04), 199-235 0034-6527 63:2<199 1996 63 restud Metadata rights reserved CC BY-NC-4.0 http://creativecommons.org/licenses/by-nc/4.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-oxford