Showing 1 - 10 of 141
We consider a bargaining model in which husband and wife decide on the allocation of time and disposable income. Since her bargaining power would go down otherwise more strongly, the wife agrees to have a child only if the husband also leaves the labor market for a while. The daddy months...
Persistent link: https://www.econbiz.de/10010948876
This paper intends to make a two-fold contribution to the literature. First, it studies a political economy model of family taxation using a household economics approach to behaviour; the nature of the winning policy is found to depend on whether i) the parents control their fertility or not,...
Persistent link: https://www.econbiz.de/10010540255
The birth of children often shifts the power balance within a family. If family decisions are made according to the spouses’ welfare function, this shift in power may lead to a time consistency problem. The allocation of resources after the birth of children may differ from the ex-ante optimal...
Persistent link: https://www.econbiz.de/10010551434
Given that young children are under the control of their parents, if the government has an interest in either the welfare or the productivity of the former, it has no option but to act through the latter. Parents are, in the ordinary sense of the word, the government’s agents. They are agents...
Persistent link: https://www.econbiz.de/10004979405
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10005051548
This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit, how many children to have and subsequently whether to stay together or separate. We make precise the idea that cooperation in a household can be supported by self interest....
Persistent link: https://www.econbiz.de/10009371343
This paper investigates how mothers’ decision to stay at home with young children affects their subsequent work careers. Identification is based on the introduction of the Cash-for-Care program in Norway in 1998, which increased mothers’ incentives to withdraw from the labor market when...
Persistent link: https://www.econbiz.de/10010551015
Does after-school care provision promote mothers’ employment and balance the allocation of paid work among parents of schoolchildren? We address this question by exploiting variation in cantonal (state) regulations of after-school care provision in Switzerland. To establish exogeneity of...
Persistent link: https://www.econbiz.de/10010877962
Previous studies report a wide range of estimates for how female labor supply responds to childcare prices. We shed new … and increasing childcare at home. Parents also reduce informal childcare indicating that public daycare and informal … childcare are complements. Female labor force participation declines and the response is strongest for single parents and low …
Persistent link: https://www.econbiz.de/10010540257
Exploiting the exogenous variation in childcare costs caused by a Swedish childcare reform, we are able to identify the … causal effect of childcare costs on fertility in a context in which childcare enrollment is almost universal, user fees are … low, and the labor force participation of mothers is very high. Anticipation of a reduction in childcare costs increased …
Persistent link: https://www.econbiz.de/10008671728