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behaviour in respect of female labour supply and saving, and provide evidence to show that these are very closely related across …
Persistent link: https://www.econbiz.de/10010262485
labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …
Persistent link: https://www.econbiz.de/10010262607
differentials, as economic theory suggests. Its analysis of unique time-use data reveals that the differences in time …
Persistent link: https://www.econbiz.de/10010262102
Recent work criticises both the logic and relevance of the theoretical basis of the approach to estimating the costs of raising children adopted in much of the economics literature. This tends to be restricted purely to models in which the household members consume market goods with given...
Persistent link: https://www.econbiz.de/10010262367
Using time-diary data from four countries we show that the unemployed spend most of the time not working for pay in additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment duration and the split of time between household...
Persistent link: https://www.econbiz.de/10010269324
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/10010269787
household production. Economic theory predicts that households with less money income will produce more goods at home. Thus …
Persistent link: https://www.econbiz.de/10010271222
The standard household production model does not incorporate multitasking, although time-diary data reveal that individuals regularly multitask. We formulate a model where time spent in child care can be sole-tasked or multitasked with other household production activities. This model implies...
Persistent link: https://www.econbiz.de/10010274412
domestically produced goods (including children's welfare). Next, Pareto weights depend on variables like the individual wages and …
Persistent link: https://www.econbiz.de/10010274633
How would people spend additional time if confronted by permanent declines in market work? We examine the impacts of cuts in legislated standard hours that raised employers' overtime costs in Japan around 1990 and Korea in the early 2000s. Using time-diaries from before and after these shocks,...
Persistent link: https://www.econbiz.de/10010282259