Overall, the evidence indicates that women view their leisure time as a normal good. The responsiveness in supply to changes in asset income is small.
For females with spouse present, their time is a gross complement with respect to their spouse's time if the spouse's labor supply curve has negative slope. Simultaneously, the spouses' times appear to be net substitutes.
There is evidence in both survey years of a backward bending labor supply curve for females. While most females remain on that part of their supply curve which has positive slope, females, particularly those with no spouse present, seem to be moving toward the backward bending segment of that curve over time. It seems that both females with and without spouse present will be behaving more like their male counterparts over time.
KeywordsInternational Economic Labor Supply Public Finance Leisure Time Negative Slope
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