Labor Supply Elasticity Estimates for Married Couples Using PSID Data

This archival dataset supports research on estimating labor-supply elasticities for married couples, accounting for intra-household consumption distribution. The analysis uses PSID data and estimates Frisch elasticities of approximately 0.65 for men and 0.8 for women. Specific row counts, column details, and file formats are not provided.

Use Cases

• Replicate the study's regression of hours worked on hourly wage rates, controlling for household consumption data.
• Analyze the relationship between household consumption composition and individual labor supply elasticities for men and women.
• Apply the improved estimation approach for Frisch elasticities that accounts for limited commitment between spouses.
• Investigate gender differences in labor-supply responses using the provided elasticity estimates for men (0.65) and women (0.8).

Strengths

• Dataset is associated with a published methodological approach for correcting bias in elasticity estimates.
• Provides specific Frisch elasticity estimates of 0.65 for men and 0.8 for women derived from PSID data.

Limitations

• The underlying data structure, including row count, column names, and sample size, is unknown.
• Data is archival and may not include the most recent PSID survey waves or updates.
• Focus on married couples from the PSID may limit generalizability to other household types or populations.

Provenance

Source

PSID (Panel Study of Income Dynamics) data, harvested by ICPSR.

Collection Method

Secondary analysis of household panel survey data for econometric modeling.

Freshness

Last updated metadata indicates 2026-02-23, but the actual data vintage is unknown.

Geography

United States (implied by PSID data).