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We present identification and estimation results for the "collective" model of labour supply in which there are discrete choices, censoring of hours and nonparticipation in employment. We derive the collective restrictions on labour supply functions and contrast them with restrictions implied by...
Persistent link: https://www.econbiz.de/10003257851
We present identification and estimation results for the "collective" model of labour supply in which there are discrete choices, censoring of hours and nonparticipation in employment. We derive the collective restrictions on labour supply functions and contrast them with restrictions implied by...
Persistent link: https://www.econbiz.de/10013318228
Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element … intrahousehold allocation of resources and welfare. We show how the sharing rule, which characterizes the within-household … allocations, can be identified from data on household consumption and labor supply. We also argue that a measure based on …
Persistent link: https://www.econbiz.de/10014025329
We specify and estimate a lifecycle model of consumption, housing demand and labor supply in an environment where individuals may file for bankruptcy or default on their mortgage. Uncertainty in the model is driven by house price shocks, education specific productivity shocks, and catastrophic...
Persistent link: https://www.econbiz.de/10013167646
because it ignores public good and the allocation of time to market work, leisure and household production. We develop a money … metric measure of welfare that accounts for public goods (by using personalized prices) household production and for the …
Persistent link: https://www.econbiz.de/10013053289
the household …
Persistent link: https://www.econbiz.de/10014635608
We present identification and estimation results for the collective model of labour supply in which there are discrete choices, censoring of hours and nonparticipation in employment. We derive the collective restrictions on labour supply functions and contrast them with restrictions implied by...
Persistent link: https://www.econbiz.de/10010332988
related to intra-household commitment, and on policy implications." …
Persistent link: https://www.econbiz.de/10012698086
. Pierre-André Chiappori (1988), 'Rational Household Labor Supply', Econometrica, 56 (1), January, 63-90 66 -- 6. Patricia F …. Apps and Ray Rees (1988), 'Taxation and the Household', Journal of Public Economics, 35 (3), April, 355-69 94 -- 7. Pierre …, Divorce Legislation, and Household Labor Supply', Journal of Political Economy, 110 (1), February, 37-72 171 -- 10. Richard …
Persistent link: https://www.econbiz.de/10012432085
We consider the impact of tax credits and income support programs on female education choice, employment, hours and human capital accumulation over the life-cycle. We analyze both the short run incentive effects and the longer run implications of such programs. By allowing for risk aversion and...
Persistent link: https://www.econbiz.de/10013082137