Intertemporal Labor Supply and Human Capital Accumulation

By Susumu Imai, Michael P. Keane. 2004

417 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/2e6cca608d8b3ad65921693f5e803a1a13fd2dde

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Citations in the corpus

On-the-Job Search and Precautionary Savings (2013, methodology): “I follow the definition of total assets used by Keane and Wolpin (2001) and Imai and Keane (2004).”
Demographic Change, Human Capital and Welfare (2012, methodology): “This was shown by Imai and Keane (2004) in the context of a learning-by-doing model, so it is not directly applicable to our model.”
Micro and Macro Labor Supply Elasticities: A Reassessment of Conventional Wisdom (2012, methodology): “10 See Wallenius (2010) for a version of this model that generates life cycle wage growth through human capital investment as an Imai and Keane (2004).”
The endogenous grid method for discrete‐continuous dynamic choice models with (or without) taste shocks (2017, methodology): “21The values of the income variance we use correspond well to the empirical findings, for example, in Gourinchas and Parker (2002), Meghir and Pistaferri (2004), Imai and Keane (2004).”
The Structural Estimation of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications (2011, methodology): “To implement that procedure, a regression is estimated as some exible function of the state variables and used to predict or interpolate the value of EmaxT at any desired state 99Adding a bequest motive to the model, as in Imai and Keane (2004) is straightforward.”
Elimination of Social Security in a Dynastic Framework (2004, result): “Finally, Imai and Keane (2004) develop a life cycle theory of labor that allows individuals to accumulate human capital and use a disutility of labor function similar to the earlier literature started by MaCurdy and Altonji.”
Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective (2015, neutral): “…is simply thrown away , the model implies that average hours of work ( from ages 20 to 65 ) drops from 1992 per year to 1954 per 18 According to Imai and Keane ( 2004 ) ' s estimates , at age 20 the wage is less than half of the opportunity cost of time , but by age 40 the wage is 84% of the…”
Inequality and the Lifecycle (2011, background): “8Important related papers in this category include Gourinchas and Parker (2002), Imai and Keane (2004), French (2005), and Guvenen and Smith (2009).”
Reconciling micro and macro estimates of the Frisch labor supply elasticity (2012, neutral): “These alternative studies include Rogerson and Wallenius (2013), Chang et al. (2011), Imai and Keane (2004), Pistaferri (2003), Chetty (2012), Domeij and Floden (2006), and Contreras and Sinclair (2008) (see Keane and Rogerson (2011) for a review of this strand of the literature).”