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Several theoretical contributions have suggested to model household behavior as a Nash-bargaining game. Yet very few attempts have been made to operationalize cooperative models of labor supply for policy analysis. In this paper, we implement a Nash-bargaining model with external threat points...
Persistent link: https://www.econbiz.de/10010863528
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We suggest a methodology to calibrate a collective model with household-specific bargaining rules and marriage-specific preferences that incorporate leisure externalities. The empirical identification relies on the assumption that some aspects of individual preferences remain the same after...
Persistent link: https://www.econbiz.de/10005711857
A framework for simplified implementation of the collective model of labor supply decisions is presented in the context of fiscal reforms in the UK. Through its collective form the model accounts for the well known problem of distribution between wallet and purse, a broadly debated issue which...
Persistent link: https://www.econbiz.de/10005711886
A widely shared intuition holds that individual control over money matters for the decision process within the household and the subsequent distribution of resources and welfare. As a consequence, there are good reasons to depart from the unitary model of the household and to explore the...
Persistent link: https://www.econbiz.de/10005678755
This paper proposes a comparison of the results of tax policy analysis obtained on the basis of unitary and collective representations of the household. We first generate labour supplies consistent with the collective rationality, by use of a model calibrated on microdata as described in...
Persistent link: https://www.econbiz.de/10005678756
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[fre] Une application d'un modèle collectif d'offre de travail sur données françaises . par Nicolas Moreau . Dans ce document nous estimons le modèle collectif d'offre de travail de Chiappori et alii (1998) sur données françaises récentes. Les données ne le valident que partiellement....
Persistent link: https://www.econbiz.de/10010977951
Chiappori, Fortin and Lacroix [2001] estimate a model of collective labor supply on US data. We adopt the same empirical specification and investigate household labor supply in France. We account for the non-linearity of the budget set. We note that the data validate only partially the...
Persistent link: https://www.econbiz.de/10005066237
In Chiappori's (1988) collective model of labor supply, hours of work are supposed flexible. In many countries, however, male labor supply does not vary much. In that case, the husband's labor supply is no longer informative about the household decision process and individual preferences. To...
Persistent link: https://www.econbiz.de/10005748264