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We develop a simple model of household time allocation decisions under strong functional form assumptions regarding … preferences and household production technology. We argue that the specification is general when allowing for unrestrictive forms … market hours and time spent in household production, we estimate the marginal distribution of male and female characteristics …
Persistent link: https://www.econbiz.de/10003158648
We formulate a model of household behavior in which cooperation is costly and in which these costs vary across … decisions are not. Small changes in state variables may result in large changes in labor supplies when the household switches … large gains in aggregate labor supply by adopting policies which promote cooperative household behavior. -- household time …
Persistent link: https://www.econbiz.de/10003292049
There is some controversy in the field of household economics regarding the efficiency of household decisions. We make … the point that a flexible specification of spousal preferences and the household production technology precludes the … possibility of using revealed preference data on household time allocations to determine the manner in which spouses interact …
Persistent link: https://www.econbiz.de/10010201289