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expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most … commodities are normal goods, sweets and toys are luxury items for children. Children of lone parents have lower budget shares for … suggesting that children mimic their parent?s expenditure patterns. …
Persistent link: https://www.econbiz.de/10010262592
Did the financial crisis spread from distressed banks to households through a contraction of the credit supply? We study this question with a dataset that contains observations on all accounts in Danish banks as well as comprehensive information about individual account holders and banks. We...
Persistent link: https://www.econbiz.de/10013010472
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 … are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are …
Persistent link: https://www.econbiz.de/10013316615
This paper finds declining consumption expenditure between paydays, for a typical household in the working population …
Persistent link: https://www.econbiz.de/10010262166
We propose a collective labor supply model with household production that generalizes an original model of Blundell … goods bought at the market with individuals' time. We apply our model to new and unique data on Dutch couples with children …. Our application uses a novel estimation strategy that builds upon the familiar two-stage allocation representation of the …
Persistent link: https://www.econbiz.de/10010274633
(1982). The results show that more than 50 percent of children aged 0-3 are queuing for child care slots, whereas only 10 … percent of children aged 4-6 years are queuing. For children in the younger age group who have working mothers, about 255 …
Persistent link: https://www.econbiz.de/10010262226
This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household …
Persistent link: https://www.econbiz.de/10012944978
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We exploit a unique natural experiment for an empirical test of the effectiveness of...
Persistent link: https://www.econbiz.de/10012981297
investigate this, we estimate an EASI demand system from German household data and a labour supply schedule, using wage data, and …
Persistent link: https://www.econbiz.de/10013314691
children and spousal specialization in home production of public goods and child care. We then study how child care provision …
Persistent link: https://www.econbiz.de/10013108093