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The extent to which individuals commit to their partner for life has important implications. This paper develops a lifecycle collective model of the household, through which it characterizes behavior in three prominent alternative types of commitment: full, limited, and no commitment. We propose...
Persistent link: https://www.econbiz.de/10013460092
of couples' commuting, wages, labor supply, and consumption. Using data from the PSID for the years 2011-2019, results … indicate a positive and highly significant correlation between wages and commuting when analyzed cross-sectionally. However …, changes in wages and commuting over an individual's life cycle are not related. Additionally, commuting appears to be …
Persistent link: https://www.econbiz.de/10014581485
The optimal design of low income support is examined using a structural labour supply model. The approach incorporates unobserved heterogeneity, fixed costs of work, childcare costs and the detailed non-convexities of the tax and transfer system. The analysis considers purely Pareto improving...
Persistent link: https://www.econbiz.de/10009307333
The optimal design of low income support is examined using a structural labour supply model. The approach incorporates unobserved heterogeneity, fixed costs of work, childcare costs and the detailed non-convexities of the tax and transfer system. The analysis considers purely Pareto improving...
Persistent link: https://www.econbiz.de/10013123920
Persistent link: https://www.econbiz.de/10012775845
, spouses' wages, hours of work, and time spent with children to estimate the sensitivity of consumption and time allocation to …
Persistent link: https://www.econbiz.de/10012930924
We study earnings and income inequality in Britain over the past two decades, including the period of relatively "inclusive" growth from 1997-2004 and the Great Recession. We focus on the middle 90%, where trends have contrasted strongly with the "new inequality" at the very top. Household...
Persistent link: https://www.econbiz.de/10011583577
The ideology of intensive mothering, whereby mother's time is thought of as crucial for child development, continues to be the dominant cultural framework in the United States. Yet there is little evidence about how mothers differ in their child care experiences from large representative...
Persistent link: https://www.econbiz.de/10011497224
not. The estimates of the sharing rule show that wages have a strong influence on bargaining power within couples. …
Persistent link: https://www.econbiz.de/10010332988
and find strong evidence of smoothing of male's and female's permanent shocks to wages. Once family labor supply, assets …
Persistent link: https://www.econbiz.de/10009629674