Labor Supply with Time and Money Costs of Participation

John F. Cogan

ResearchPublished 1977

An analysis of the effects of fixed costs of labor market participation on the labor supply behavior of married women. Both a model of labor force behavior with fixed costs of work and a statistical approach to estimating labor supply functions when such costs are present are developed. The principal finding is that the costs of work are of prime importance in determining the labor supply behavior of married women. For the average woman in the data, the minimum number of hours that she is willing to supply to the labor market are about 1300 per year, and the estimated annual cost of her participation is almost $1000, measured in 1966 dollars. This cost represents about 28 percent of her average earnings.

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  • Copyright: RAND Corporation
  • Availability: Available
  • Year: 1977
  • Print Format: Paperback
  • Paperback Pages: 76
  • Paperback Price: $25.00
  • Document Number: R-2044-HEW

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RAND Style Manual
Cogan, John F., Labor Supply with Time and Money Costs of Participation, RAND Corporation, R-2044-HEW, 1977. As of September 23, 2024: https://www.rand.org/pubs/reports/R2044.html
Chicago Manual of Style
Cogan, John F., Labor Supply with Time and Money Costs of Participation. Santa Monica, CA: RAND Corporation, 1977. https://www.rand.org/pubs/reports/R2044.html. Also available in print form.
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