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This paper focuses on the time allocation of spouses and the impact of economic variables. We present a stylized model of the time allocation of spouses to illustrate the expected impact of wages and non-labour income. The empirical model simultaneously specifies three time-use choices -paid...
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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 …
Persistent link: https://www.econbiz.de/10011374423
the collective approach for household behaviour and the discrete hours choice framework with fixed costs of work. We …
Persistent link: https://www.econbiz.de/10011376279
the collective approach for household behaviour and the discrete hours choice framework with fixed costs of work. We … pooling of men's earnings and the household's non-labour income in the female's budget constraint. These differences in …
Persistent link: https://www.econbiz.de/10011379628
Theoretical models on the selling process in the housing market are scarce. Taylor (1999) specifies a model where time-on-the-market gives a quality signal of the house to potential buyers if inspection outcomes of the house are not public. We specify a duration model with competing risks, where...
Persistent link: https://www.econbiz.de/10011382079
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 …
Persistent link: https://www.econbiz.de/10011334853
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 … individual utility functions and the household power weight distribution, which is parameterized per household. The model is …
Persistent link: https://www.econbiz.de/10011346466
time to different activities. In order to do so, we empirically estimate a collective household labor supply model. The … main findings are that: (1) Leisure and household income are the most important variables in the utility function of the … male; (2) Leisure, total household production and total household production interacted with family size are important …
Persistent link: https://www.econbiz.de/10011349201