ABSTRACT

Married women’s labor supply has been the focus of a substantial amount of research. Since the 1960s the theory forming the base for that research has been Mincer’s (1962) and Becker’s (1965) theory of allocation of time to work and home. Research in the last 30 years has dealt mostly with econometric issues regarding the proper way to estimate the labor supply function (e.g. Heckman 1993; Smith 1980).