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are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are …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 …
Persistent link: https://www.econbiz.de/10013316615
This paper is a survey of the literature on theoretical models of the household, paying particular attention to some of … the earlier contributions, and using them to place the current state of the theory in perspective. One of its aims is to … household's preference ordering over the utility profiles of its members depends on exogenous variables, in particular wage …
Persistent link: https://www.econbiz.de/10010264270
are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are …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 …
Persistent link: https://www.econbiz.de/10010276978
both spouses maximize a household utility function. We assume that paid labor and housework are the endogenous choice … variables and furthermore consider household production. Surinamese/Antillean and Turkish women differ from Dutch women because … they value (joint) household production more in their utility function. Surinamese/Antillean and Turkish men, on the other …
Persistent link: https://www.econbiz.de/10010276984
African households, household resource allocations were not Pareto efficient. This paper argues that observation of the Pareto … inefficiency of a household resource allocation does not however refute the hypothesis that it chooses this resource allocation as … if it maximises some form of household welfare function possessing the Pareto property. To refute that hypothesis it is …
Persistent link: https://www.econbiz.de/10010264378
This paper revisits the added worker effect. Using bivariate random-effects probit estimation on data from the German Socio-Economic Panel we show that women respond to their partners’ unemployment with an increase in labor market participation, which also leads to an increase in their...
Persistent link: https://www.econbiz.de/10011957193
We study the role of fertility adjustments for the labor market responsiveness of men and women. First, we use longitudinal Danish register data and tax reforms from 2009 to provide new empirical evidence on asymmetric fertility adjustments to tax changes of men and women. Second, we quantify...
Persistent link: https://www.econbiz.de/10014083476
Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012831654
asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …
Persistent link: https://www.econbiz.de/10013293277
This paper studies the life-cycle effects of favorable marginal tax treatment of older workers on their optimal life cycle labor supply, retirement timing, and savings. I develop a structural model in continuous time where the life-cycle of a representative agent is divided into three distinct...
Persistent link: https://www.econbiz.de/10013235104