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This paper presents a model of consumption and household production that takes into account substitution between health-related goods that are produced at home and those produced commercially as well as substitution between goods produced at home by oneself and those produced by one's spouse or...
Persistent link: https://www.econbiz.de/10014285886
This paper examines the effects of working time reduction policy on labour supply (hours of work and whether an individual takes a second job) and household production, by exploiting the Chinese Two-Day Weekend Policy, which effectively reduced weekly working days from six to five in May 1995,...
Persistent link: https://www.econbiz.de/10011891851
Gary Becker's classic study, A Theory of the Allocation of Time, laid the analytical foundations for the study of household production and the allocation of time within the household. The analytical framework of household production theory developed in this paper remained a pillar of his later...
Persistent link: https://www.econbiz.de/10010403655
The Atkinson-Stiglitz Theorem and its extensions have been interpreted as implying that capital income should not be taxed. If, as seems reasonable on empirical grounds, we introduce production of household goods with close market substitutes, this conclusion no longer holds. We analyse optimal...
Persistent link: https://www.econbiz.de/10011428699
The assumption that household income is strongly and positively correlated with a household's real standard of living provides the basis for the joint taxation of families, which has the effect of discriminating against married women as second earners. This paper shows, in the context of a model...
Persistent link: https://www.econbiz.de/10010441692
We examine time allocation decisions in same-sex and different-sex couples from a Beckerian comparative advantage perspective. In particular, we estimate the comparative advantage relationship between time spent on either market or household activities and a dummy for being the highest earner in...
Persistent link: https://www.econbiz.de/10012612672
Much of the recent literature in household economics has been critical of unitary models of household decision-making. Most alternative models currently used are bargaining models and consensual models, including collective models. This paper discusses another alternative: independent individual...
Persistent link: https://www.econbiz.de/10008810537
The present paper develops a theoretical model of labor supply with domestic production. It is shown that the structural components of the model can be identified without a distribution factor, thereby generalizing the initial results of Apps and Rees (1997) and Chiappori (1997). The theoretical...
Persistent link: https://www.econbiz.de/10003965636
Although the number of immigrant households in the Netherlands is substantial, the labor supply choices of this group are usually neglected in empirical studies because these households are usually under-sampled. We use a stratified sample of Turkish, Surinamese/Antillean and Dutch households...
Persistent link: https://www.econbiz.de/10003335454
We consider the collective model of labor supply with marketable domestic production. We first show that, if domestic production is mistakenly ignored, the collectiveʺ indirect utilities that are retrieved from observed behavior will be unbiased if and only if the profit function is additive....
Persistent link: https://www.econbiz.de/10002658131