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The literature has shown the power of social norms to promote residential energy conservation, particularly among high usage users. This study uses a natural field experiment with nearly 200,000 US households to explore whether a financial rewards program can complement such approaches. We...
Persistent link: https://www.econbiz.de/10012957376
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 ….e., the household production function when only one spouse allocates time to home production) are closely related, satisfying …
Persistent link: https://www.econbiz.de/10013119341
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
with information on the reallocation of resources within, from, and to the household sector in response to macroeconomic … events. The household sector is both a propagator of shocks to the economy, as wealth is redistributed across households with … of information on household exposures to macroeconomic risk factors - can potentially lead to better macroeconomic …
Persistent link: https://www.econbiz.de/10013089772
We revisit the causes, welfare consequences, and policy implications of the dispersion in households' labor market outcomes using a model with uninsurable risk, incomplete asset markets, and home production. Accounting for home production amplifies welfare-based differences across households...
Persistent link: https://www.econbiz.de/10012931216
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 shows only slight evidence that spouses shared …
Persistent link: https://www.econbiz.de/10013311919
Local governments spend roughly $1.6 trillion per year to provide a variety of public services ranging from police and fire protection to public schools and public transit. However, we know little about public sector's productivity in delivering key services. To understand the productivity both...
Persistent link: https://www.econbiz.de/10012996392
analysis requires taking both effects into account. The impact of carbon pricing is determined by heterogeneity in household …. In particular, we categorize households by full household income (factor income as well as transfer income) and apply …
Persistent link: https://www.econbiz.de/10013067962
-capita basis a carbon price is much more regressive than calculations at the household level. We discuss policy options to offset …
Persistent link: https://www.econbiz.de/10013151377
This paper analyzes the effects of environmental policy on employment (and unemployment) using a new general-equilibrium two-sector search model. We find that imposing a pollution tax causes substantial reductions in employment in the regulated (polluting) industry, but this is offset by...
Persistent link: https://www.econbiz.de/10012991682