A structural and empirical model of subsistence activity behavior and income
Abstract
This paper develops a structural and empirical model of subsistence activity behavior and income.
Subsistence activity decisions (work participation
and hours of work decisions) and income have an
important bearing on activity and travel behavior
of individuals. The proposed structural model
represents an effort to analyze subsistence activity behavior and income earnings to support a better
understanding, and reliable forecasting, of individual travel behavior. The empirical model
formulates and estimates an integrated model of
employment, hours of work
and income which takes
account of interdependencies among these choices and their structural relationships with other
relevant variables. Social factors that inhibit an individual's employment and work hours decision
and affect an individual's income are incorporated
in the model. A sample of households from the
Dutch National Mobility Panel is used in the empirical analysis.
Description
At the time of publication C.R. Bhat and F.S. Koppelman were at Northwestern University.