standard model of household life cycle behavior. The model generates endogenous dynamic interrelationships between the child … quality and employment processes in the household, which are found to be consistent with patterns observed in the data. The … estimated model is used to explore the effects of schooling subsidies and employment restrictions on household welfare and child …

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 …

Most econometric models of intrahousehold behavior assume that household decision-making is efficient, i.e., utility … the household allocation problem. Short-run constraints ensure that each spouse obtains a utility level at least equal to … payoffs in all successive periods. Given household characteristics and the (common) discount factor of the spouses, not all …

conditional cash transfer (CCT) program to low-income families with dependent children on household members' labor supply …

In this paper we utilize a model of household investments in the development of children to explore the impact of …