How do different income taxation systems affect household decisions and welfare? We answer this question by first … Bush Tax Cuts to assess their effects on intra-household specialization. We then develop a lifecycle model incorporating … labor supply, marriage and divorce decisions with limited commitment, household production, human capital accumulation, and …

We show that a calibrated life-cycle two-earner household model with endogenous labor supply can rationalize the extent … shocks is provided through the presence and labor supply response of the female earner. Abstracting from this private intra-household …

noncooperative model of household decision making to answer this question. We show that when women have lower wages than men, they …

household heterogeneity in which uninsurable labor productivity risk gives rise to a nontrivial income and wealth distribution …