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The inclusion of time in the household domestic production function allows to calculate full prices that are in turn used to estimate consistent monetary and time elasticities on micro cross-sectional data. This article provides elasticity estimates for different commodity groups in absence of...
Persistent link: https://www.econbiz.de/10010791272
In this article, we propose a new method to estimate price effects on micro cross-sectional data using full prices that take into account household domestic production. We use behavioral microsimulations by subpopulations to analyze the redistributive impact of changes on Value Added Tax (VAT)...
Persistent link: https://www.econbiz.de/10010703383
The purpose of this paper is to estimate the intra-family distribution of income and the individual demand for leisure and household production from Swedish cross-sectional household data. As a basis for the analysis, we use a collective model where each individual is characterized by his or her...
Persistent link: https://www.econbiz.de/10005198009
The purpose of this paper is to estimate the intra-family distribution of income and the individual demand for leisure and household production from Swedish cross-sectional household data. As a basis for the analysis, we use a collective model where each individual is characterized by his or her...
Persistent link: https://www.econbiz.de/10005169412
This paper surveys the last decade of micro-economic research using time-use data. Focusing on the household production model, time-use as an investment activity, and the distribution of extended income, issues of data collection, measurement errors, model specification and estimation as well as...
Persistent link: https://www.econbiz.de/10005190480
The purpose of this paper is to study the intra-household allocation of time to several household production activities using Swedish cross-sectional household data. The Tobit model is rejected in favor of the Cragg model, suggesting that the intra-household time allocation is best modeled by a...
Persistent link: https://www.econbiz.de/10005424033
This paper incorporates two empirically-grounded insights into a dynamic life cycle portfolio choice model: the fact that investors forego the opportunity to accumulate job-specific skills when they spend time managing their own money, and the observation that efficiency in financial decision...
Persistent link: https://www.econbiz.de/10011210995
El estudio de las preferencias es uno de los temas menos tratados por la econometría aplicada. En el presente artículo se pretende realizar una aproximación translogarítimica de las preferencias por medio de la construcción de un Índice de Satisfacción de los Hogares (ISH) con base al...
Persistent link: https://www.econbiz.de/10005076523
This paper estimates for a sample of Mexican families a structural collective model of household labor supply with children and home production. The framework of Blundell, Chiappori, and Meghir (2005) is used to address how household allocations are affected by the intra-household...
Persistent link: https://www.econbiz.de/10010555936
Although the number of immigrant households in the Netherlands is substantial, the labor supply choices of this group are usually neglected in empirical studies because these households are usually under-sampled. We use a stratified sample of Turkish, Surinamese/Antillean and Dutch households...
Persistent link: https://www.econbiz.de/10005761851