Household decisions are profoundly shaped by a complex set of financial options due to Social Security rules … claimed. These rules influence optimal household asset allocation, insurance, and work decisions, given life cycle demographic …

because it ignores public good and the allocation of time to market work, leisure and household production. We develop a money … metric measure of welfare that accounts for public goods (by using personalized prices) household production and for the …

population because it ignores public goods and the allocation of time to market work, leisure and household production. We …Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element …, measures of inequality that ignore intra household allocations are both incomplete and misleading. We discuss determinants of …

Market productivity is often greater, and leisure and other household activities more enjoyable, when people perform …

Recent years witnessed a flourishing of literature on the implication of shifts from home- production to market … production on the macro economy, and in particular, the real business cycle. This literature employs calibration techniques to … emulate the fluctuations in market output, labor and capital inputs and productivity over the business cycle, assuming a …

become more likely to start relatively capital-intensive household enterprises. … migrant earnings affect origin-household investments? This paper examines Philippine households%u2019 responses to overseas … the Philippine peso leads to increases in household remittances received from overseas. The estimated elasticity of …

of owner-operated businesses, a pension system that steers equity capital and loanable funds to large incumbent …

household production in which permanent income consumers respond to shifts in sectoral wages and prices by substituting work …

additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment … duration and the split of time between household production and leisure. U.S. data for 2003-2006 show that almost none of the … lower amount of market work in areas of long-term high unemployment is offset by additional household production. In …