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Collective labor supply of native Dutch and immigrant households in the Netherlands

Klaveren, Chris van; Praag, Bernard M. S. van; Maassen … - 2009

We estimate a collective time allocation model, where Dutch, Surinamese/Antillean and Turkish households behave as if both spouses maximize a household utility function. We assume that paid labor and housework are the endogenous choice variables and furthermore consider household production....

Persistent link: https://www.econbiz.de/10003922862

A public good version of the collective household model : an empirical approach with an application to British household data

Klaveren, Chris van; Praag, Bernard M. S. van; Maassen … - 2008

In this paper we consider an empirical collective household model of time allocation for twoearnerhouseholds. The novelty of this paper is that we estimate a version of the collectivehousehold model, where the internally produced goods and the externally purchased goodsare assumed to be public....

Persistent link: https://www.econbiz.de/10011374423

Risk aversion and the subjective time discount rate : a joint approach

Praag, Bernard M. S. van; Booij, Adam S. - 2003

In this paper we analyze a large sample of individual responses to six lottery questions. Wederive a simultaneous estimate of risk aversion ? and the time preference discount rate ? perindividual. This can be done because the consumption of a large prize is smoothed over a largertime period. It...

Persistent link: https://www.econbiz.de/10011333268

Empirical estimation results of a collective household time allocation model

Klaveren, Chris van; Praag, Bernard M. S. van; Maassen … - 2005

In this paper an empirical model is developed where the collective household model is used as a basic framework to describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household utility function which is a weighted sum of the utility...

Persistent link: https://www.econbiz.de/10011346466

A collective household model of time allocation : a comparison of native Dutch and immigrant households in the Netherlands

Klaveren, Chris van; Praag, Bernard M. S. van; Maassen … - 2006

Although the number of immigrant households in the Netherlands is substantial, the labor supply choices of this group are usually neglected in empirical studies because these households are usually under-sampled. We use a stratified sample of Turkish, Surinamese/Antillean and Dutch households...

Persistent link: https://www.econbiz.de/10011349201

Risk aversion and the subjective time discount rate : a joint approach

Praag, Bernard M. S. van; Booij, Adam S. - 2003

In this paper we analyze a large sample of individual responses to six lottery questions. We derive a simultaneous estimate of risk aversion and the time preference discount rate per individual. This can be done because the consumption of a large prize is smoothed over a larger time period. It...

Persistent link: https://www.econbiz.de/10011507761

The subjective costs of health losses due to chronic diseases

Ferrer-i-Carbonell, Ada; Praag, Bernard M. S. van - 2001

This paper proposes a method to evaluate health losses or gains by looking at the impact on well-being of a change in … health status. The paper presents estimates of the equivalent income change that would be necessary to change general … satisfaction with life to the same extent as a change in health satisfaction would do. In other words, the income equivalent of …

Persistent link: https://www.econbiz.de/10011326414

The anatomy of subjective well-being

Praag, Bernard M. S. van; Frijters, Paul; … - 2001

life, called domains, such as health, financial situation, job, leisure, housing, and environment. We postulate a two …

Persistent link: https://www.econbiz.de/10011326415

Age-differentiated QALI losses

Ferrer-i-Carbonell, Ada; Praag, Bernard M. S. van - 2001

physical handicaps. The analysis is based on an individual self-rating health satisfaction question asked in the British … Household Panel Survey data set. This question provides a natural cardinalization of health utility .Our method is a refinement … of the method introduced by Cutler and Richardson (1997). We extend their approach in two directions. First, the health …

Persistent link: https://www.econbiz.de/10011326417