Showing 1 - 10 of 1,817
results are mixed, showing some impact on household production. Simulations using GMM estimates of a Stone-Geary utility … function defined over time use suggest no effect on household production in either country. Estimation of a household model …
Persistent link: https://www.econbiz.de/10010287669
. First, it argues that consumption should be defined as expenditure on household production as well as on market goods, that … life cycle consumption behaviour are resolved. Secondly, we stress the importance of the heterogeneity of household …
Persistent link: https://www.econbiz.de/10010262485
We consider the collective model of labor supply with marketable domestic production. We first show that, if domestic production is mistakenly ignored, the ?collective? indirect utilities that are retrieved from observed behavior will be unbiased if and only if the profit function is additive....
Persistent link: https://www.econbiz.de/10010262223
, employment, employment with training and household production, according to a behavioral model calibrated to a large set of …
Persistent link: https://www.econbiz.de/10010268703
Government-run entities are often more labor-intensive than private companies, even with identical production technologies. This need not imply slack in the public sector, but may be a rational response to its wage tax advantage over private firms. A tax-favored treatment of public production...
Persistent link: https://www.econbiz.de/10010262155
The conventional view is that Americans work longer hours than Germans and other Europeans but when time in household … work but German invest more in household production. This paper examines whether these differences in the allocation of … 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
household members consume market goods with given household income. The ?costs of children? are perceived essentially as market … parental time, which must be diverted from alternative uses such as market work, other house-hold production activities and … particular, the differential incidence of child costs on adult members of the household. In this paper we first of all argue that …
Persistent link: https://www.econbiz.de/10010262367
additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment … duration and the split of time between household production and leisure. U.S. data for 2003-2006 show that almost none of the … lower amount of market work in areas of long-term high unemployment is offset by additional household production. In …
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 … extended income, which includes the value of household production, should be more equally distributed than money income … to the weak correlation between money income and household production income. We also find that extended income is more …
Persistent link: https://www.econbiz.de/10010271222