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A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with … displays both a benefit contingent on the contributions of children and a purely fertility-related component. …
Persistent link: https://www.econbiz.de/10005766193
the number of children is generally preferable to family allowances because the latter creates a larger tax load on labor …This paper discusses alternative ways to deal with the positive externalities of having children in a pay …-as-you-go pension system. Family allowances are compared to introducing a fertility-related component into the pension formula. In an …
Persistent link: https://www.econbiz.de/10005181485
We consider a general equilibrium model where groups operating in a competitive market environment can have several members and make efficient collective consumption decisions. Individuals have the option to leave the group and make it on their own or join another group. We study the effect of...
Persistent link: https://www.econbiz.de/10005766089
We examine how a shift of bargaining power within households operating in a competitive market environment affects equilibrium allocation and welfare. If price effects are sufficiently small, then typically an individual benefits from an increase of bargaining power, necessarily to the detriment...
Persistent link: https://www.econbiz.de/10005766162
Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before an econometric model is estimated, observations are selected in such a way that the resulting subset of data can be assumed to be sufficiently homogeneous with respect to the specific research...
Persistent link: https://www.econbiz.de/10011096357
We consider firms and multi-member households operating in a competitive market environment. Households are endowed with resources (commodity bundles) and shares of firm ownership. Household members are characterized by individual preferences, possibly with intra-household consumption...
Persistent link: https://www.econbiz.de/10009371337
production is influenced by family size, but this does not hold for the male; (5) Both the male and the female have a backward …
Persistent link: https://www.econbiz.de/10005406246
We study the labor supply dynamics of elderly couples by means of a structural collective model.The model allows for general externalities with respect to spouses leisure.Preferences and the intrahousehold bargaining process are identified by using panel data with couples and individuals who...
Persistent link: https://www.econbiz.de/10011092793
We study the role of self-interest and social preferences in referenda. Our analysis is based on collective purchasing decisions of university students on deep-discount flat rate tickets for public transportation and culture. Individual usage data allows quantifying monetary benefits associated...
Persistent link: https://www.econbiz.de/10011210405
We provide a test of the role of social preferences and beliefs in voluntary cooperation and its decline. We elicit individuals’ cooperation preferences in one experiment and use them – as well as subjects’ elicited beliefs – to explain contributions to a public good played repeatedly....
Persistent link: https://www.econbiz.de/10005765860