Explaining Age and Gender Differences in Employment Rates: A Labor Supply Side Perspective
Research output: Working paper › Working papers
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Berlin: Deutsches Institut für Wirtschaftsforschung (DIW), 2012. (SOEPpaper on Multidisciplinary Panel Data Research; No. 449).
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
N1 - Abstracts online gestellt
PY - 2012/6/27
Y1 - 2012/6/27
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-employed if their reservation wages are larger than the offered wages. Whereas the offered wages 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-employed if their reservation wages are larger than the offered wages. Whereas the offered wages 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 - Gender and Diversity
M3 - Working papers
T3 - SOEPpaper on Multidisciplinary Panel Data Research
BT - Explaining Age and Gender Differences in Employment Rates
PB - Deutsches Institut für Wirtschaftsforschung (DIW)
CY - Berlin
ER -