Yamaguchi, Shintaro; Ruiz, Claudia; Mazzocco, Maurizio - Society for Economic Dynamics - SED - 2014
Using the Panel Study of Income Dynamics (PSID), we provide evidence that labor supply, household production, savings, and marital decisions are linked. We then develop and estimatea model that has the ability to generate the patterns observed in the data. Using the estimated model we first show...