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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/10003314675
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/10003335454
Norwegian household data for 1994. For any given tax rule, the estimated model can be used to simulate the choices made by …
Persistent link: https://www.econbiz.de/10003502667
maximization of household welfare rests on the convexity of the budget sets. However, both the actual tax systems and the tax … specification might provide a reasonable approximation to the current intra-household allocation choices under the current tax rule …
Persistent link: https://www.econbiz.de/10010477880
study household savings and expenditure adjustment from an unexpected, large-scale and rapidly evolving political shock that …
Persistent link: https://www.econbiz.de/10010457397
In this paper we consider an empirical collective household model of time allocation for two-earner households. The … novelty of this paper is that we estimate a version of the collective household model, where the internally produced goods and … are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are …
Persistent link: https://www.econbiz.de/10003656898