Showing 1 - 10 of 499
The household production model provides a useful theoretical framework in which one may analyze family labor supply … issues. In this model, the family is viewed as if it were a small firm producing its ultimate wants within the household. In … order to satisfy these wants, the family (firm) combines purchased market goods and services with the time of various family …
Persistent link: https://www.econbiz.de/10012479120
implications for how aggregate labor supply responds to changes in taxes. In the first model, curvature in the utility from leisure … extent of curvature in the utility from leisure function …
Persistent link: https://www.econbiz.de/10012462022
In this paper we analyze income tax design in a two member household labor supply model where time spent on consumption together by the two household members is valued differently from time spent apart. We treat consumption as a non excludable public good to members of the household; one example...
Persistent link: https://www.econbiz.de/10012465143
Each year parents transfer a great deal of money to their adult children. While intuition might suggest that these transfers are altruistic and made out of concern for the well-being of the children, the fundamental prediction of the altruistic model has been decisively rejected in empirical...
Persistent link: https://www.econbiz.de/10012471176
The share of children living in a two-parent family has declined sharply in the past 40 years, driven by a decline in … divorce. Third, the widening college gap in children's family structure corresponds to a widening college gap in marriage …, women in their 20s, and women with less than a high school degree. Fifth, the college gap in family structure has …
Persistent link: https://www.econbiz.de/10013210106
-77 percent. In this paper, we specify and estimate a model of family labor supply which treats both federal and state taxation … family labor supply decision. Joint family efforts are found to be important. The efficiency cost (deadweight loss) of labor …
Persistent link: https://www.econbiz.de/10012477825
This paper analyzes the intertemporal efficiency and optimality of steady states within overlapping-generations models in which the utility of individual working couples , depends on the consumption of their parents and children as well as their own consumption. The analysis considers both a...
Persistent link: https://www.econbiz.de/10012478423
Between-family differences in expenditures and output reflect the effect of simultaneous increases in children …'s ability on the willingness of parents to transfer resources to them. Within-family differences also reflect the attitudes of … whether between-family differences exceed within-family differences. For an additive utility, within-family differences in …
Persistent link: https://www.econbiz.de/10012478742
This paper examines the appropriate tax treatment of the family in a series of analytical models and numerical examples … analysis, the optimal tax rates on secondary workers in the family are much lower than those on primary earners. Indeed, our …
Persistent link: https://www.econbiz.de/10012478780
and how does it compare with the family's money in-come? How does the value of home production differ among families with … children? How does it changeover the family's life cycle? …
Persistent link: https://www.econbiz.de/10012478981