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Estimating labor-supply elasticities with joint borrowing constraints of couples

Bredemeier, Christian; Gravert, Jan; Jüßen, Falko - 2016

Estimates of Frisch labor-supply elasticities are biased in the presence of borrowing constraints. We show that this estimation bias is less pronounced for secondary than for primary earners. The reason is that, in households with two earners and joint borrowing constraints, wage-rate...

Persistent link: https://www.econbiz.de/10011543948

Household Labor Supply and Home Services in a General-Equilibrium Model with Heterogeneous Agents

Bredemeier, Christian; Juessen, Falko - 2009

We propose a new explanation for differences and changes in labor supply by gender and marital status, and in particular for the increase in married women's labor supply over time. We argue that this increase as well as the relative constancy of other groups' hours are optimal reactions to...

Persistent link: https://www.econbiz.de/10014209917

Household Labor Supply and Home Services in a General-Equilibrium Model with Heterogeneous Agents

Bredemeier, Christian - 2009

Persistent link: https://www.econbiz.de/10012765257

What Linear Estimators Miss : Re-Examining the Effects of Family Income on Child Outcomes

Løken, Katrine Vellesen - 2010

This paper uses a rich Norwegian dataset to re-examine the causal relationship between family income and child outcomes. Motivated by theoretical predictions and OLS results that suggest a nonlinear relationship, we depart from previous studies in allowing the marginal effects on children's...

Persistent link: https://www.econbiz.de/10013141749

Accounting for limited commitment between spouses when estimating labor-supply elasticities

Bredemeier, Christian; Gravert, Jan Hendrik; Jüßen, Falko - 2021

The Frisch elasticity of labor supply can be estimated by regressing hours worked on the hourly wage rate, controlling for consumption of the individual worker. However, most household panel surveys contain consumption information only at the household level. We show that proxying individual...

Persistent link: https://www.econbiz.de/10012493758

How Americans Respond to Idiosyncratic and Exogenous Changes in Household Wealth and Unearned Income

Mogstad, Magne; Golosov, Mikhail; Graber, Michael; … - 2021

of lottery wins. Our first contribution is to estimate the earnings responses to these windfall gains, finding …-tax labor earnings by about 50 cents, decreases total labor taxes by 10 cents, and increases consumption by 60 cents. These … reducing their earnings by a larger amount. Our second contribution is to develop and apply a rich life-cycle model in which …

Persistent link: https://www.econbiz.de/10013220867

Decomposing gender wage gaps: a family economics perspective

Averkamp, Dorothée; Bredemeier, Christian; Jüßen, Falko - 2020

We show that parts of the unexplained wage gap in standard Oaxaca-Blinder decompositions result from the neglect of the role played by the family for individual wages. We present a simple model of dual-earner households facing a trade-off regarding whose career to promote and show analytically...

Persistent link: https://www.econbiz.de/10012266748

Decomposing gender wage gaps : a family economics perspective

Averkamp, Dorothée; Bredemeier, Christian; Jüßen, Falko - 2021

Persistent link: https://www.econbiz.de/10013328101

Household decisions and the gender gap in job satisfaction

Bredemeier, Christian; Ndlovu, Patrick; Vujić, Sunčica; … - 2024

men, leading to increased job satisfaction but lower earnings for women, even when their preferences and expectations … considers relative earnings disparities within households. We provide empirical evidence supporting our model's predictions …

Persistent link: https://www.econbiz.de/10014463674

What can we learn about household consumption expenditure from data on income and assets?

Eika, Lasse; Mogstad, Magne; Vestad, Ola Lotherington - 2020

A major difficulty faced by researchers who want to study the consumption and savings behavior of households is the lack of reliable panel data on household expenditures. One possibility is to use surveys that follow the same households over time, but such data are rare and they typically have...

Persistent link: https://www.econbiz.de/10012172449