Showing 1 - 10 of 21
This paper applies the theory of relational contracts to make precise the idea that because households are engaged in a … Samuelson. This nests as special cases the objective functions used in currently popular models of households engaged in one …
Persistent link: https://www.econbiz.de/10010269303
This article considers non-unitary models of household behavior. These models suppose explicitly that households …
Persistent link: https://www.econbiz.de/10010269486
This paper asks whether the gap in subjective happiness between spouses matters per se, i.e. whether it predicts divorce. We use three panel databases to explore this question. Controlling for the level of life satisfaction of spouses, we find that a higher satisfaction gap, even in the first...
Persistent link: https://www.econbiz.de/10010269589
, and across time, how individuals, households and communities are affected by violent conflict. The report provides an … affect the welfare characteristics and choices of individuals and households in conflict areas. …
Persistent link: https://www.econbiz.de/10010272662
spend eleven percent less, after controlling for differences in permanent income and demographic composition of households …
Persistent link: https://www.econbiz.de/10010278336
We use micro data from the U.S. Internal Revenue Service to document how households' tax liabilities vary with income … children. The data reveals a large dispersion in tax rates and taxes paid. Ranking households according to the average tax … married and 31.8% of unmarried households do not pay any taxes. Given the progressivity in the system, tax liabilities are …
Persistent link: https://www.econbiz.de/10010278342
Three hypotheses are given to explain why a married woman's work hours might be related to her husband's education, even controlling for his wage rate. Data for a single cohort of women from the NLSY 1979 suggest that women's work hours are positively related to spousal education at the time of...
Persistent link: https://www.econbiz.de/10010278701
considers relative earnings disparities within households. We provide empirical evidence supporting our model's predictions …
Persistent link: https://www.econbiz.de/10014533943
We survey samples of German firms and households to document novel stylized facts about the extent of information … dispersed than households', consistent with higher information frictions among households. Second, the degree of dispersion and … the distance from expert forecasts varies more across groups of households than across groups of firms. Third, firms …
Persistent link: https://www.econbiz.de/10013177731
We explore the micro-foundations of fragility by discussing how to measure the exposure to fragility at the individual level. We focus on two notions that are not covered by existing aggregate, state-centric indicators of fragility. First, different individuals may experience fragility very...
Persistent link: https://www.econbiz.de/10011787038