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The paper develops an equilibrium search and matching model where two-person families as well as singles participate in the labor market. We show that equilibrium entails wage dispersion among equally productive risk-averse workers. Marital status as well as spousal labor market status matter...
Persistent link: https://www.econbiz.de/10003935195
In this paper, we challenge the conventional wisdom that due to the negative correlation between family size and earning ability, family size can be used as a 'tagging' device, and calls for subsidizing children (via child allowances) to enhance egalitarian objectives. We show that the case for...
Persistent link: https://www.econbiz.de/10003940106
The use of height data to measure living standards is now a well-established method in economics. Nevertheless, a neglected area in historical stature studies is the relationship between stature and family size, and statures are documented here to be positively related with family size. The...
Persistent link: https://www.econbiz.de/10003951557
This paper addresses whether children's exposure to parents receiving disability benefits induces a higher probability of receiving such benefits themselves. Most OECD countries experience an increasing proportion of the working-age population receiving permanent disability benefits. Using data...
Persistent link: https://www.econbiz.de/10009533966
Models that allow for non-cooperative as well as cooperative behavior of families are estimated on data from Norway in 1993 and 1994. The husband is eligible for early retirement while the wife is not. The models aim at explaining labor supply behavior of married couples the first twelve months...
Persistent link: https://www.econbiz.de/10011398790
We develop a model where families consist of one parent and one child, with children differing in income and all agents having the same probability of becoming dependent when old. Young and old individuals vote over the size of a social long term care transfer program, which children complement...
Persistent link: https://www.econbiz.de/10010528885
Leaving the parental home is often a decision made together by two people. In this paper we present a theoretical model analyzing moving out as a joint decision and then test its implications using a new dataset of university graduates collected in the southern Spanish region of Murcia in...
Persistent link: https://www.econbiz.de/10010528941
In this study we analyze whether the gender composition of siblings within a family affects the choice of College Major. The question is whether a family environment that is more gender-homogeneous encourages academic choices that are less gender stereotyped. We use the last name and the exact...
Persistent link: https://www.econbiz.de/10010223443
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect credit market. In the presence of credit rationing, efficiency and utility equalization are guaranteed only by a legally enforceable contract. Separate-property marriage may...
Persistent link: https://www.econbiz.de/10010227229
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal care provided to their parents and education expenditures for their children. The young enjoy their education, while the old may leave a bequest to their children. Within each...
Persistent link: https://www.econbiz.de/10010370317