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Tax Effects on Work Activity, Industry Mix and Shadow Economy Size : Evidence from Rich-Country Comparisons
Davis, Steven J.; Henrekson, Magnus - 2021
Guided by a simple theory of task assignment and time allocation, we investigate the long run response to national … differences in tax rates on labor income, payrolls and consumption. The theory implies that higher tax rates reduce work time in …
Persistent link: https://www.econbiz.de/10013238958
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Bargaining Power in Marriage : Earnings, Wage Rates and Household Production
Pollak, Robert A. - 2021
What determines bargaining power in marriage? This paper argues that wage rates, not earnings, determine well-being at the threat point and, hence, determine bargaining power. Observed earnings at the bargaining equilibrium may differ from earnings at the threat point because hours allocated to...
Persistent link: https://www.econbiz.de/10013239378
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Exploitation of Labor? Classical Monopsony Power and Labor's Share
Brooks, Wyatt - 2019
How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … examine this in the context of China and India – two large, rapidly-growing developing economies. Using theory, we develop a … novel screen to quantify how wages are affected by market power exerted in labor markets, either by a single firm or a group …
Persistent link: https://www.econbiz.de/10012890473
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Market Work, Wages, and Men's Health
Haveman, Robert; Stone, Mark; Wolfe, Barbara - 2022
In this paper, we investigate the complex interrelationships among worktime, wages and health identified in the …
Persistent link: https://www.econbiz.de/10013292910
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Measuring the Values for Time
Palmquist, Raymond B. - 2010
Most economic models for time allocation ignore constraints on what people can actually do with their time. Economists recently have emphasized the importance of considering prior consumption commitments that constrain behavior. This research develops a new model for time valuation that uses...
Persistent link: https://www.econbiz.de/10012759700
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Contraception and Fertility : Household Production Under Uncertainty
Michael, Robert T. - 2010
Over the past century fertility behavior in the United Stated has undergone profound changes Measured by cohort fertility the average number of children per married woman had declined from about 5.5 children at the time of the Civil War to 2.4 children at the time of the Great Depression. It is...
Persistent link: https://www.econbiz.de/10012763230
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Labor Market Fluctuations in the Small and in the Large
Rogerson, Richard - 2008
Shimer's calibrated version of the Mortensen-Pissarides model generates unemployment fluctuates much smaller than the data. Hagedorn and Manovskii present an alternative calibration that yields fluctuations consistent with the data, but this has been challenged by Costain and Reiter, who say it...
Persistent link: https://www.econbiz.de/10012772372
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Household Production and the Excess Sensitivity of Consumption to Current Income
Baxter, Marianne; Jermann, Urban J. - 2000
household production in which permanent income consumers respond to shifts in sectoral wages and prices by substituting work …
Persistent link: https://www.econbiz.de/10014196816
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Allocating Time : Individuals' Technologies, Household Technology, Perfect Substitutes, and Specialization
Pollak, Robert A. - 2011
In an efficient household if the spouses' time inputs are perfect substitutes, then spouses will "specialize" regardless of their preferences and the governance structure. That is, both spouses will not allocate time to both household production and the market sector. The perfect substitutes...
Persistent link: https://www.econbiz.de/10013119341
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Homework in Monetary Economics : Inflation, Home Production, and the Production of Homes
Aruoba, S. Borağan - 2012
We study models incorporating money, household production, and investment in housing. Inflation, as a tax on market activity, encourages substitution into household production, and thus investment in household capital. Hence, inflation increases the (appropriately deflated) value of the housing...
Persistent link: https://www.econbiz.de/10013102709