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We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … behavior. The method imposes no parametric structure on household decision processes, accounts for unobserved preference … heterogeneity across individuals in different households, and requires only a single consumption observation per household. Our main …
Persistent link: https://www.econbiz.de/10011543531
We consider a non-cooperative model of the household, in which the husband and wife decide on parental leave and the …
Persistent link: https://www.econbiz.de/10012669786
There is some controversy in the field of household economics regarding the efficiency of household decisions. We make … the point that a flexible specification of spousal preferences and the household production technology precludes the … possibility of using revealed preference data on household time allocations to determine the manner in which spouses interact …
Persistent link: https://www.econbiz.de/10013073853
We extend the search-matching model of the marriage market of Shimer and Smith (2000) to allow for labor supply, home … estimate how much sorting results from time use specialization or homophilic preferences. We estimate how equilibrium marriage … formation affects the wage elasticities of market and non market hours. We estimate individuals’ willingness to pay for marriage …
Persistent link: https://www.econbiz.de/10014130419
In this paper an empirical model is developed where the collective household model is used as a basic framework to … describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …
Persistent link: https://www.econbiz.de/10011346466
This paper investigates the relationship between the probability of divorce and marriage specific investments. As these … investments in terms of childcare and household activities are likely to increase the marital surplus, they are consequently … relationship between divorce and marital investments is offered in terms of increasing intra-household time consumption …
Persistent link: https://www.econbiz.de/10013127708
the collective household model, we examine the possibility that men within couples use polygyny as a threat to influence …
Persistent link: https://www.econbiz.de/10011656317
of household behavior and marriage market equilibrium, it is perhaps not surprising that neither model provides good …. -- bilateral matching ; household time allocation ; Nash bargaining …We develop a simple model of household time allocation decisions under strong functional form assumptions regarding …
Persistent link: https://www.econbiz.de/10003158648
of household behavior and marriage market equilibrium, it is perhaps not surprising that neither model provides good …We develop a simple model of household time allocation decisions under strong functional form assumptions regarding … preferences and household production technology. We argue that the specification is general when allowing for unrestrictive forms …
Persistent link: https://www.econbiz.de/10013318174
for consumption of the individual worker. However, most household panel surveys contain consumption information only at … the household level. We show that proxying individual consumption by household consumption biases estimated Frisch … elasticities downward as limited commitment in the household induces individual consumption to behave differently from household …
Persistent link: https://www.econbiz.de/10012493758