Explaining Age and Gender Differences in Employment Rates: A Labor Supply Side Perspective
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Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2011. (University of Lüneburg working paper series in economics; No. 214).
Research output: Working paper › Working papers
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TY - UNPB
T1 - Explaining Age and Gender Differences in Employment Rates
T2 - A Labor Supply Side Perspective
AU - Humpert, Stephan
AU - Pfeifer, Christian
PY - 2011/8
Y1 - 2011/8
N2 - This paper takes a labor supply perspective (neoclassical labor supply, job search) to explain the lower employment rates of older workers and women. The basic rationale is that workers choose non-employment if their reservation wages are larger than the offered wages. Whereas the latter depend on workers' productivity and firms' decisions, reservation wages are largely determined by workers' endowments and preferences for leisure. To shed some empirical light on this issue, we use German survey data to analyze age and gender differences in reservation and entry wages, preferred and actual working hours, and satisfaction with leisure and work.
AB - This paper takes a labor supply perspective (neoclassical labor supply, job search) to explain the lower employment rates of older workers and women. The basic rationale is that workers choose non-employment if their reservation wages are larger than the offered wages. Whereas the latter depend on workers' productivity and firms' decisions, reservation wages are largely determined by workers' endowments and preferences for leisure. To shed some empirical light on this issue, we use German survey data to analyze age and gender differences in reservation and entry wages, preferred and actual working hours, and satisfaction with leisure and work.
KW - Economics
KW - age
KW - family gap
KW - gender
KW - job search
KW - labor supply
KW - reservation wages
KW - Gender and Diversity
M3 - Working papers
T3 - University of Lüneburg working paper series in economics
BT - Explaining Age and Gender Differences in Employment Rates
PB - Institut für Volkswirtschaftslehre der Universität Lüneburg
CY - Lüneburg
ER -