Showing 1 - 10 of 1,823
time to different activities. In order to do so, we empirically estimate a collective household labor supply model. The … main findings are that: (1) Leisure and household income are the most important variables in the utility function of the … male. (2) Leisure, total household production and total household production interacted with family size are important …
Persistent link: https://www.econbiz.de/10012774044
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/10012771691
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/10013316648
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/10013316281
surveys. Results show that a SSB tax would be much more effective in decreasing household nutrients purchase than it would … terms of reduced household medical expenditure, would overcome estimated welfare losses by more than $400 million …
Persistent link: https://www.econbiz.de/10012914675
We present a non-cooperative model of a family's time allocation between work and a home-produced public good, and examine whether the income tax should apply to couples or individuals. While tax-induced labor supply distortions lead to overprovision of the public good, spouses' failure to...
Persistent link: https://www.econbiz.de/10013139871
differences, variation in the price of child care and domestic productivity differences as determinants of across-household … heterogeneity in second earner labor supply, and of the resulting relationship between household income and the well-being of … household members. A central result is that taking account of a richer and more realistic specification of household time use …
Persistent link: https://www.econbiz.de/10013059499
sufficient conditions for the existence of competitive equilibria with endogenous household formation and public choice …
Persistent link: https://www.econbiz.de/10013047312
with resources (commodity bundles) and shares of firm ownership. Household members are characterized by individual … preferences, possibly with intra-household consumption externalities. Household decisions adhere to the collective rationality …
Persistent link: https://www.econbiz.de/10013315948
Using a calibrated overlapping generations model we quantify the welfare gains of an age dependent income tax. Agents face uncertainty regarding future abilities and can by saving transfer consumption across periods. The welfare gain of switching from an age-independent to an age-dependent...
Persistent link: https://www.econbiz.de/10013136607