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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
This paper is a survey of the literature on theoretical models of the household, paying particular attention to some of … household's preference ordering over the utility profiles of its members depends on exogenous variables, in particular wage … approach to modelling household decision taking, flexible enough to encompass non-cooperative behaviour and Pareto …
Persistent link: https://www.econbiz.de/10013316648
information structure and labor supply decisions follow the Mirrleesian tradition. However, while the household's total …
Persistent link: https://www.econbiz.de/10013027088
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
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
Since the late 1970s, the price indices underlying the poverty lines in India have been updated using aggregate indices. Widespread criticism of these indices led to the adoption of a new official methodology in 2011 based on unit values from consumption survey data. We propose an alternative...
Persistent link: https://www.econbiz.de/10013086396
In the United States child adoption costs vary considerably, ranging from no out-of-pocket expense to $50,000 or more. What are the causes for the variability in adoption expenses? We administered a survey to a sample of Michigan adoptive families to link adoptive parent characteristics, child...
Persistent link: https://www.econbiz.de/10013315942
We consider a general equilibrium model where groups operating in a competitive market environment can have several members and make efficient collective consumption decisions. Individuals have the option to leave the group and make it on their own or join another group. We study the effect of...
Persistent link: https://www.econbiz.de/10005766089
increase of bargaining power, necessarily to the detriment of others. If price effects are drastic the welfare of all household …
Persistent link: https://www.econbiz.de/10005766162