
pmid: 12266751
Studies of labour force participation choices are mostly aimed at explaining determinants of participation for individuals. The objective of this study is the empirical estimation of the parameters of family participation decisions. Family participation decisions can be analysed as a choice problem of a family between a finite number of distinct alternatives. The appropriate estimation procedure for a model involving choice among multiple discrete alternatives requires a statistical technique different from ordinary least squares. In this study I use the multinomial logit model. A logit model allows me to explain the probability that a particular participation alternative will be chosen by a family as a function of a set of independent variables. It is found that economic variables such as wage rates and wealth, play a significant role in affecting the probabilities of choosing a particular labour force participation alternative. This study shows that an increase in the market wage for a family member not...
Employment, Behavior, Family Characteristics, Economics, Research, Decision Making, Statistics as Topic, Models, Theoretical, Social Class, Socioeconomic Factors, Income, Population Characteristics
Employment, Behavior, Family Characteristics, Economics, Research, Decision Making, Statistics as Topic, Models, Theoretical, Social Class, Socioeconomic Factors, Income, Population Characteristics
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