the spouses. Increasing marginal benefits of labour market experience make specialization efficient, even if both spouses … governing the distribution of private consumption in the second period, the spouse specialized in market labour cannot commit to …

wages for 26 European economies. To ease comparisons we make use of the European Union Statistics on Income and Living … Conditions inquiry released in 2009. The premium is found to be higher at the right tail of the distribution of wages, suggesting …