Showing 1 - 10 of 1,184
This paper combines income and expenditure with time use data to provide a unique picture of the time paths of labour … rises sharply with the amount of non collateral based borrowing. The household members jointly choose time paths of time use … between saving and the secondary earner?s income. …
Persistent link: https://www.econbiz.de/10010261803
This paper examines labour supply adjustment - both hours worked and participation decisions. We focus on the response of each to financial shocks, employing data from the BHPS. Estimated responses are broadly consistent with models of self-insurance that incorporate labour supply flexibility....
Persistent link: https://www.econbiz.de/10010282157
During the last two decades, the discrete-choice modelling of labour supply decisions has become increasingly popular, starting with Aaberge et al. (1995) and van Soest (1995). Within the literature adopting this approach there are however two potentially important issues that are worthwhile...
Persistent link: https://www.econbiz.de/10010267413
During the last two decades, the discrete-choice modelling of labour supply decisions has become increasingly popular, starting with Aaberge et al. (1995) and van Soest (1995). Within the literature adopting this approach there are however two potentially important issues that are worthwhile...
Persistent link: https://www.econbiz.de/10005763518
combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting … for fluctuations in income and out-of-pocket medical expenses, as well as financial wealth sufficient to buffer against … different groups are exposed to economic risk. As the ESI derives from a data-independent conceptual foundation, it can be …
Persistent link: https://www.econbiz.de/10010289981
pooling of men's earnings and the household's non-labour income in the female's budget constraint. These differences in …Most empirical studies on the impact of labour income taxation on the labour supply behaviour of households use a … unitary modelling approach. In this paper we empirically analyze income taxation and the choice of working hours by combining …
Persistent link: https://www.econbiz.de/10010269394
-durable consumption. Introducing labor income risk into the model does not necessarily increase the importance of market insurance if the … in a model with non-durable and durable consumption. The stock of the durable is exposed to risk against which households … fluctuations of the predetermined durable stock. Second we solve the model numerically. With deterministic labor income the …
Persistent link: https://www.econbiz.de/10010262542
correlations between risk aversion and labour market outcomes (full-time employment, temporary agency work, fixed-term contracts …
Persistent link: https://www.econbiz.de/10010268600
on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …
Persistent link: https://www.econbiz.de/10010277211
A common approach to dealing with missing data is to estimate the model on the common subset of data, by necessity throwing away potentially useful data. We derive a new probit type estimator for models with missing covariate data where the dependent variable is binary. For the benchmark case of...
Persistent link: https://www.econbiz.de/10010269313