Showing 1 - 10 of 3,776
information structure and labor supply decisions follow the Mirrleesian tradition. However, while the household’s total …
Persistent link: https://www.econbiz.de/10010479336
household production, which includes previous analyses as special cases. In the general framework, where all utility yielding … commodities are produced through a combinatiion of market goods and household time, optimal taxation requires joint taxation of …
Persistent link: https://www.econbiz.de/10011400914
differences, variation in the price of child care and domestic productivity differences as determinants of across-household … heterogeneity in second earner labour supply, and of the resulting relationship between household income and the wellbeing 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/10010229858
determinants of across-household heterogeneity in second earner labour supply. We find that individual taxation is welfare …
Persistent link: https://www.econbiz.de/10011451043
We propose a new method for solving high-dimensional dynamic programming problems and recursive competitive equilibria with a large (but finite) number of heterogeneous agents using deep learning. The "curse of dimensionality" is avoided due to four complementary techniques: (1) exploiting...
Persistent link: https://www.econbiz.de/10012581353
This paper develops a dynamic programming method when the one-stage deviation principle in the sense of mechanism design literature doesn’t hold. The commonly used dynamic programming method is valid only if the one-stage deviation principle in the sense of mechanism design literature is...
Persistent link: https://www.econbiz.de/10011987941
Analyzing a homogenous household setting with endogenous fertility and endogenous labor supply, we demonstrate that …
Persistent link: https://www.econbiz.de/10003790979
Given that credit and insurance markets are imperfect, and given also that intra-household transfers, and much of the …
Persistent link: https://www.econbiz.de/10003974574
taxation ; household production ; public goods …
Persistent link: https://www.econbiz.de/10003994136
Persistent link: https://www.econbiz.de/10003498581