Showing 1 - 10 of 14,508
This paper studies gender differences in the elasticity of labor supply in a model of household specialization. I show that household specialization implies larger Frisch elasticities for the partner that specializes in home production. Quantitatively, empirical time-use ratios alone imply...
Persistent link: https://www.econbiz.de/10011265559
This paper investigates the impacts of firm technology choice on cross-country variations in gender gaps---particularly those variations in the wages and time devoted to home production. For this purpose, we construct a general equilibrium model that includes firm technology choice and home...
Persistent link: https://www.econbiz.de/10011108830
additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment … lower amount of market work in areas of long-term high unemployment is offset by additional household production. In … contrast, in those areas where unemployment has risen cyclically reduced market work is made up almost entirely by additional …
Persistent link: https://www.econbiz.de/10005123843
In this paper it is argued that the domestic division of labor and trade is organized according to the same principle as the international division of labor and trade – the Ricardian comparative advantages. After all, the ultimate source of these comparative advantages is the individual. The...
Persistent link: https://www.econbiz.de/10005642399
Using an endogenous growth model with physical and human capital, we explore short-run as well as long-run effects of fiscal policy in the presence of households' production activities. We first show that our model has a unique balanced-growth path that satisfies saddlepoint stability. We then...
Persistent link: https://www.econbiz.de/10005105905
In view of the large scale of the nonmarket home sector in both developed and developing economies, in this paper we construct an open economy model with home production. We discuss both long-run and short-run impacts of fiscal policies such as income tax, consumption tax and government spending...
Persistent link: https://www.econbiz.de/10011123941
This paper examines the role of home production in estimating life-cycle labor supply. I show that, consistent with previous studies, ignoring an individual’s time spent on home production when estimating the Frisch elasticity of labor supply biases its estimate downwards. I also show,...
Persistent link: https://www.econbiz.de/10011273718
The literature suggests that the concern for economic efficiency calls for individual-based taxation of married couples with a higher rate on the primary earner. This paper reconsiders the choice of tax unit in the Becker model of household production. In the absence of restrictions on the use...
Persistent link: https://www.econbiz.de/10005823450
The purpose of this paper is to study how progress in home production technologies and in medical technologies influences gender differences in labor market outcomes and the household division of labor, in an economy with endogenous gender roles. We consider a model in which incentive problems...
Persistent link: https://www.econbiz.de/10005069317
Market work per person is roughly 10 percent higher in the U.S. than in Sweden. However, if we include the work carried out in home production, the total amount of work differs by only 1%. I set up a model with home production and show that differences in policy - mainly taxes - can account for...
Persistent link: https://www.econbiz.de/10005069559