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We investigate the relationship between social interaction and household finances using data from the British Household … household finances and social interaction, rather than focusing one particular facet of household finances, such as the holding … the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on …
Persistent link: https://www.econbiz.de/10010380024
Using repeated large-scale surveys of U.S. households, we study the cryptocurrency investment decisions and motives of households relative to other financial assets. Cryptocurrency holders tend to be young, white, male and more libertarian relative to non-crypto holders. They expect much higher...
Persistent link: https://www.econbiz.de/10014318228
Household collective models celebrate their thirtieth birthday. The collective approach constitutes, perhaps, the … to some excellent surveys of household collective models (Strauss et al., 2000; Vermeulen, 2002; Donni and Chiappori … papers, the collective framework has been used to provide theoretical results for a number of household issues; for example …
Persistent link: https://www.econbiz.de/10011946430
population in the household then examine the determinants of the decision to supply labour. The fraction of home …-produced childcare to household childcare needs is considered to be a public good within the household, for which preferences are … of the choice of home childcare vs. labour supply. We are able to quantify each household's sensitivity to potential …
Persistent link: https://www.econbiz.de/10011979076
We provide a nonparametric 'revealed preference' characterization of rational household behavior in terms of the … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The …, monotonicity is testable for the model that assumes all household consumption is public. -- Collective model ; consumption ; Pareto …
Persistent link: https://www.econbiz.de/10003771615
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
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 … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …
Persistent link: https://www.econbiz.de/10003314675
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
This article considers non-unitary models of household behavior. These models suppose explicitly that households … household behavior in these models are subject to constraints that differ from the traditional Slutsky conditions. In addition …, in a certain number of specific cases, the preferences of the different household members can be identified from …
Persistent link: https://www.econbiz.de/10003923916
social programs, savings and the labor supplies of all adult household members. The optimal policy mix focuses mainly on … Social Assistance, which provides a permanent universal household income floor, with a minor role for temporary earnings …-related Unemployment Insurance. Reflecting that married couples obtain intra-household insurance by making labor supply choices for both …
Persistent link: https://www.econbiz.de/10010510507