Clark R L, Johnson T, McDermed A A
Soc Secur Bull. 1980 Apr;43(4):3-16.
The work and retirement decisions of husbands and wives are likely to be made jointly as they allocate their available resources. This article models the allocation of family wealth and family members' time over the lifetime of the unit. The first section reports simulation results that illustrate the relationship between the value of members' time in both market work and the production of home services. The model is then tested by means of the Retirement History Study for 1969-73. The estimation is conducted by employing a simultaneous logit model of labor-force participation by the husband and wife. Principal findings are: (1) Individuals respond positively to increases in their own wage rate but tend to reduce labor-force participation as the wage rate of their spouse increases, (2) the health of the husband is an important determinant of his labor-force participation, and (3) the probability that a person will be in the labor force is raised if the spouse is employed.
丈夫和妻子在分配可用资源时，其工作和退休决策可能是共同做出的。本文构建了一个模型，用于描述家庭财富和家庭成员的时间在家庭生命周期内的分配情况。第一部分报告了模拟结果，这些结果说明了成员时间价值在市场工作和家庭服务生产中的关系。然后，该模型通过1969 - 1973年的退休历史研究进行检验。估计采用了丈夫和妻子劳动力参与的联立logit模型。主要研究结果如下：（1）个人对自身工资率的提高做出积极反应，但随着配偶工资率的提高，他们往往会减少劳动力参与；（2）丈夫的健康状况是其劳动力参与的一个重要决定因素；（3）如果配偶有工作，个人进入劳动力市场的概率会提高。
