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We develop a theoretical model for the intra-household allocation of time and consumption. The model distinguishes between the partners? joint and private leisure time. We estimate the parameters of our model on a Danish time use survey with information on time allocation and expenditures. The...
Persistent link: https://www.econbiz.de/10013202245
This paper provides a revealed preference characterisation of quasi-hyperbolic discounting which is designed to be applied to readily-available expenditure surveys. We describe necessary and sufficient conditions for the leading forms of the model and also study the consequences of the...
Persistent link: https://www.econbiz.de/10013202247
This paper provides insights into the gains of forming a couple by estimating how much of the difference in housework between single and married individuals is causal and how much is due to selection. Permanent unobserved heterogeneity explains about half of the observed differences in housework...
Persistent link: https://www.econbiz.de/10013202248
We present a methodology for the structural empirical analysis of household consumption and time use behaviour under marital stability. Our approach is of the revealed preference type and non-parametric, meaning that it does not require a prior functional specification of individual utilities....
Persistent link: https://www.econbiz.de/10013202286