Showing 1 - 10 of 68
Persistent link: https://www.econbiz.de/10003412024
In this paper, we deal with female labour supply in the collective framework. We study married couples and start from the empirical observation that the husband's labour supply is generally fixed at full-time. We then show that, in this case, structural elements of the decision process, such as...
Persistent link: https://www.econbiz.de/10002654226
In this paper, we deal with female labour supply in the collective framework. We study married couples and start from the empirical observation that the husband's labour supply is generally fixed at full-time. We then show that, in this case, structural elements of the decision process, such as...
Persistent link: https://www.econbiz.de/10013318674
over time. This is what we call "bargaining risk". To reduce this risk, the spouses may decide to over-invest in marriage …-specific capital (which, by de?nition, is completely lost in the case of divorce) and thereby limit the attractiveness of spouses … outside opportunities. This strat- egy is shown to be optimal. More suprisingly, over-investment in marriage- specific capital …
Persistent link: https://www.econbiz.de/10010542032
We consider the collective model of labor supply with marketable domestic production. We first show that, if domestic production is mistakenly ignored, the "collective" indirect utilities that are retrieved from observed behavior will be unbiased if and only if the profit function is additive....
Persistent link: https://www.econbiz.de/10013318665
We develop a theoretical model for the intra-household allocation of time and consumption. The model distinguishes between the partners? joint and private leisure time. We estimate the parameters of our model on a Danish time use survey with information on time allocation and expenditures. The...
Persistent link: https://www.econbiz.de/10013202245
We develop a theoretical model for the intra-household allocation of time and consumption. The model distinguishes between the partners' joint and private leisure time. We estimate the parameters of our model on a Danish time use survey with information on time allocation and expenditures. The...
Persistent link: https://www.econbiz.de/10014102332
Using a collective model of consumption, we characterize optimal commodity taxes aimed at targeting specific individuals within the household. The main message is that distortionary indirect taxation can circumvent the agency problem of the household. Essentially, taxation should discourage less...
Persistent link: https://www.econbiz.de/10009730373
Using a collective model of consumption, we characterize optimal commodity taxes aimed at targeting specific individuals within the household. The main message is that distortionary indirect taxation can circumvent the agency problem of the household. Essentially, taxation should discourage less...
Persistent link: https://www.econbiz.de/10009235597
Using a collective model of consumption, we characterize optimal commodity taxes aimed at targeting specific individuals within the household. The main message is that distortionary indirect taxation can circumvent the agency problem of the household. Essentially, taxation should discourage less...
Persistent link: https://www.econbiz.de/10013127328