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We analyze equally competitive spouses competing for promotion in their respective workplaces and show that an asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare-superior to the symmetric equilibrium are highlighted. By...
Persistent link: https://www.econbiz.de/10013293277
disparities in homeownership rates between eastern and western Germany as well as between rural, urbanized and agglomerated …A wide range of aggregate data is used to examine the spatial variation in homeownership rates among a cross-section of … spatial dependence in homeownership levels. In addition to familiar demographic and socioeconomic variables, the regional …
Persistent link: https://www.econbiz.de/10010274774
find that housing tenure reacts more strongly to unexpected changes in the policy rate in Germany and Switzerland –the OECD … policy rate by 25 basis points increases the home ownership rate by 0.8 percentage points in Germany and by 0.6 percentage …
Persistent link: https://www.econbiz.de/10012892226
homeownership compared to Germany. The question is to what extent the observed differences in homeownership are induced by national …This paper studies the role of pensions and income taxes in determining homeownership and household wealth. It provides … a cross-country analysis, using tax and pension policy designs in Germany, the US and Australia. These developed nations …
Persistent link: https://www.econbiz.de/10013216249
Employment contributes to reduce the risk of poverty. Through a randomized controlled trial, we evaluate the impact of a conditional cash transfer program (CCT) to low-income families with dependent children on household members' labor supply. The attendance of labor-market-oriented mentoring...
Persistent link: https://www.econbiz.de/10012834995
We survey a representative sample of US households to study how exposure to the COVID-19 stock market crash affects expectations and planned behavior. Wealth shocks are associated with upward adjustments of expectations about retirement age, desired working hours, and household debt, but have...
Persistent link: https://www.econbiz.de/10012835653
We show that the discontinuity in the distribution of surveyed female income shares at the margin where a woman would outearn her partner is primarily driven by norm induced misreporting in surveys. We draw on unique Swiss data combining survey and administrative information for the same...
Persistent link: https://www.econbiz.de/10012892274
In this paper we consider an empirical collective household model of time allocation for two-earner households. The novelty of this paper is that we estimate a version of the collective household model, where the internally produced goods and the externally purchased goods are assumed to be...
Persistent link: https://www.econbiz.de/10013316615
This paper shows that in the presence of labor market shocks, child-bearing and child-rearing have far-reaching implications for gender inequality, household specialization and family structure. Using population register data on all births, marriages, and divorces together with employer-employee...
Persistent link: https://www.econbiz.de/10012848554
We consider a non-cooperative model of the household, in which the husband and wife decide on parental leave and the allocation of time between child rearing and the labor market. They can choose the non-cooperative outside option or cooperate by reaching an agreement of specialization in which...
Persistent link: https://www.econbiz.de/10013311580