Showing 1 - 10 of 259
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 the design of a fair family policy in an economy where parenthood is regarded either as desirable or as …/parenthood. Unlike real-world family policies, a fair family policy does not always involve positive family allowances to (voluntary …
Persistent link: https://www.econbiz.de/10012156624
The birth of children often shifts the power balance within a family. If family decisions are made according to the … birth of children may differ from the ex-ante optimal choice. In a model of cooperative decision making within a family, we … welfare enhancing policy intervention. We discuss the extent to which existing measures in family policy are suitable to …
Persistent link: https://www.econbiz.de/10009533964
In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits …, subsidies for external child care, and parental leave payments. We compare the impact on the quantity and quality of children … in balancing family and work than parental leave payments. The welfare analysis shows that the introduction of subsidies …
Persistent link: https://www.econbiz.de/10010388733
We provide a theory whereby non-benevolent, self-employed households increase their expected family size to raise the … likelihood that an inside family member will be a good match at running the business. Hence, having larger family sizes raises … respondents have approximately .2 to .4 more actual and expected number of children if they are self-employed as compared to if …
Persistent link: https://www.econbiz.de/10011404319
We examine how a German paid parental leave reform causally affected early childhood living arrangements. The reform replaced a means-tested benefit with a universal transfer paid out for a shorter period. Using a difference-in-differences design, we find that the reform increased the...
Persistent link: https://www.econbiz.de/10011597822
first child raised fertility and increased the probability that the family was living without a father. We find that for our …
Persistent link: https://www.econbiz.de/10012124840
parents inside the family. We use data from the World Value Survey to construct a country-specific measure of the value …
Persistent link: https://www.econbiz.de/10014543831
The nineteenth-century American family experienced tremendous demographic, economic, and institutional changes. By … using birth order effects as a proxy for family environment, and linked census data on men born between 1835 and 1910, we … study how the family's role in human capital production evolved over this period. We find firstborn premiums for …
Persistent link: https://www.econbiz.de/10014528214
This paper considers family formation and reciprocity-based cooperation in the form of sharing of earnings-risk. While …. Publicly provided insurance, despite potential equilibrium multiplicity, is shown to aect family formation and financial …
Persistent link: https://www.econbiz.de/10011399734