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We study the labor supply dynamics of elderly couples by means of a structural collective model. The model allows for general externalities with respect to spouses' leisure. Preferences and the intrahousehold bargaining process are identified by using panel data with couples and individuals who...
Persistent link: https://www.econbiz.de/10002352153
This paper provides a comprehensive analysis of employment and child care payment decisions of single mothers in the … estimate a model that examines the effects of the price of child care and the wage rate on employment decision as well as the … decision to use paid child care among single mothers. The model distinguishes between the full-time and part-time employment …
Persistent link: https://www.econbiz.de/10011411860
care subsidy and the effects of subsidy receipt on employment, school attendance, job search, and welfare participation. We … in welfare. Ordinary least squares estimates show positive and significant effects of subsidy receipt on employment …
Persistent link: https://www.econbiz.de/10011404078
We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that technological change along with the increase in the...
Persistent link: https://www.econbiz.de/10003925549
While the contemporaneous association between mental health problems and criminal behavior has been explored in the literature, the long-term consequences of such problems, depression in particular, have received much less attention. In this paper, we examine the effect of depression during...
Persistent link: https://www.econbiz.de/10009545437
We estimate a structural dynamic programming model of schooling decisions with unobserved heterogeneity in school ability and market ability on a sample taken from the National Longitudinal Survey of Youth (NLSY). Both the instantaneous utility of attending school and the wage regression...
Persistent link: https://www.econbiz.de/10011411639
We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set in a random coefficient framework. The model allows for absolute and comparative advantages in the labor market and assumes that the population is composed of 8 unknown...
Persistent link: https://www.econbiz.de/10011411668
experienced in labor market earnings through wage dispersion and employment rate dispersion. We find a low degree of relative risk … aversion (0.9282) and the estimates indicate that both wage and employment rate dispersions decrease significantly with …
Persistent link: https://www.econbiz.de/10011411833
Although there is a sizeable literature of the effect of private school attendance on academic student outcomes, there is a dearth of studies of the impact of school sector on nonacademic outcomes. Using a rich data set, we analyze the impact of Catholic school attendance on the likelihood that...
Persistent link: https://www.econbiz.de/10011413864
Persistent link: https://www.econbiz.de/10001982769