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in labor force participation has been accompanied by changes in allocation of time to various activities in the household … as well. Since the proportion of women in the labor force has been rising, the average amount of time input to household … tasks by all women has been declining over the last 50 years. It is valuable to analyze this in the household production …
Persistent link: https://www.econbiz.de/10012763227
We present a survey design that generalizes static conjoint experiments to elicit inter-temporal adoption decisions for durable goods. We show that consumers' utility and discount functions in a dynamic discrete choice model are jointly identified using data generated by this specific design. In...
Persistent link: https://www.econbiz.de/10013100670
efficiently. The complexity of household structures, including multi-generation and polygynous households, is taken into account … the fact that individuals within a household have well-defined property rights over the plots they own. Using data on … allocations are consistent with efficiency. In more complex household structures, including polygynous households, efficiency in …
Persistent link: https://www.econbiz.de/10012858407
individuals within a household when one or more members transitions from full time work to not working. Our basic finding is that … household labor supply to understand the implications of this finding for preferences and the home production function. We …
Persistent link: https://www.econbiz.de/10012928992
properties of market equilibria, together with information on household behavior, to infer structural parameters that …
Persistent link: https://www.econbiz.de/10013138319
relationships among household members poses challenges for benefit estimation since it is unlikely that the conditions necessary for … recovering the underlying individual preferences from household choices are satisfied in this setting. We propose a conceptual … relationships for household members of different ages to test the implications of our conceptual model. Respondents' choices take …
Persistent link: https://www.econbiz.de/10013095631
This paper studies the dynamic optimization problem of a household when portfolio adjustment is costly. The analysis is … stocks. We use this, and related observations, to estimate the parameters of household preferences and portfolio adjustment … and the consequent inactivity in portfolio adjustment imply that inferences drawn about household risk aversion and the …
Persistent link: https://www.econbiz.de/10013151386
study of household finance is challenging because household behavior is difficult to measure accurately, and because …
Persistent link: https://www.econbiz.de/10012761660
simple cases, tests confirm that subjects adjust their attention in response to incentives as the theory dictates …
Persistent link: https://www.econbiz.de/10013059691
identification of normative preferences: structural estimation, active decisions, asymptotic choice, aggregated revealed preferences …
Persistent link: https://www.econbiz.de/10012759332