%0 Report
        %A Grodner, Andrew
%A Kniesner, Thomas J.
        %T Labor Supply with Social Interactions: Econometric Estimates and Their Tax Policy Implications
        %D 2007
        %8 2007 Sep
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 3034
        %U https://www.iza.org/publications/dp3034
        %X Our econometric research allows for a possible response of a person's hours worked to hours typically worked by members of a multidimensional labor market reference group that considers demographics and geographic location. Instrumental variables estimates of the canonical labor supply model expanded to permit social interactions pass a battery of specification checks and indicate positive and economically important spillovers for adult men. Ignoring or incorrectly considering social interactions in male labor supply can mis-estimate the response to tax reform by as much as 60 percent.
        %K labor supply
%K instrumental variables
%K reference group
%K social interactions
%K social multiplier
%K PSID