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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
Persistent link: https://www.econbiz.de/10012775845
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
, 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
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
pattern of commuting and the employees-to-unemployed rate, although we find higher wages in comparatively crowded states …
Persistent link: https://www.econbiz.de/10011452224
of training. Using policy changes over an 18 year period we identify the impact of training and work experience on wages … of formal training and experience in defining the evolution of wages and employment careers, conditional on education …
Persistent link: https://www.econbiz.de/10012003766