Showing 1 - 8 of 8
In the present paper, we adopt the collective approach to consumer behavior - which supposes that each household member is characterized by his/her own preferences and that the decision process results in Pareto-efficient outcomes - and assume, in addition, that agents are egoistic and...
Persistent link: https://www.econbiz.de/10005509930
The present paper investigates noncooperative models of labor supply. First, we develop a model of labour supply which generalizes most specifications that can be found in the literature. Then, we study the properties of testability and identifiability of this model and its variations. Finally,...
Persistent link: https://www.econbiz.de/10005811837
In this paper, we present a collective model of household demand based on Pareto-efficiency. In addition, we suppose that (i) each household member is egoistic and consumption is purely private, (ii) there is a set of distribution factors and (iii) there is one exclusive good. Then we derive the...
Persistent link: https://www.econbiz.de/10005811867
Discrete-choice models provide a tractable method and a simple way to represent utility-maximizing labor supply decisions in the presence of highly nonlinear and possibly non-convex budget constraints. Thus, it is not surprising that they are so extensively used for ex-ante evaluation of...
Persistent link: https://www.econbiz.de/10005509840
In this paper, we analyze the impact of a tax policy change on social welfare by using jointly a collective model of household labor supply and a microsimulation program of the French tax-benefit system. The collective approach allows studying the intrahousehold distribution so that for the...
Persistent link: https://www.econbiz.de/10005509881
The literature on household behavior contains hardly any empirical research on the within-household distributional effect of tax-benefit policies. We simulate this effect in the framework of a collective model of labor supply when shifting from a joint to an individual taxation system in France....
Persistent link: https://www.econbiz.de/10005509892
Persistent link: https://www.econbiz.de/10005256752
Earning an income is probably the best way of avoiding poverty and social exclusion, hence the recent trend of promoting employment through in-work transfers in OECD countries. Yet, the relative consensus on the need for `making work pay' policies is muddied by a number of concerns relative to...
Persistent link: https://www.econbiz.de/10005212144