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 … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …

the collective approach for household behaviour and the discrete hours choice framework with fixed costs of work. We …

In this paper we consider an empirical collective household model of time allocation for twoearnerhouseholds. The … equally weighted in the household utility function; (3)Differences in the ratio of the partners' hourly wages are explanatory … for how individualutilities are weighted in the household utility function. (4) The female's preference forhousehold …

We propose a consistent utility-based framework to jointly explain a household's decisions on purchase incidence, brand …

that theory predicts an inversion when consumers are either risk or loss averse. In those cases, an increase in price …

We present a structural empirical model of collective household labour supply.Following recent developments in the … literature on collective household labour sup-ply our model allows for the nonparticipation decision, along with the choiceof … applicationof the collective household labour supply model. The model is estimated using apaneldata set of Dutch couples. The …

to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the … household consumed permanently at the poverty line. The results indicate that vulnerability is very sensitive to the time …