Showing 1 - 10 of 320
Persistent link: https://www.econbiz.de/10010503461
We develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable … utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and … the labor market. They then match based on the economic value of marriage and on preferences. Equilibrium in the marriage …
Persistent link: https://www.econbiz.de/10013025633
We develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable … utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and … the labor market. They then match based on the economic value of marriage and on preferences. Equilibrium in the marriage …
Persistent link: https://www.econbiz.de/10012986539
Measuring the extent to which such assortative matching differs between two economies is challenging when the marginal distributions of the characteristic along which sorting takes place (e.g. education) also changes for either or both sexes. Drawing from the statistics literature we define...
Persistent link: https://www.econbiz.de/10012807933
Measuring the extent to which such assortative matching differs between two economies is challenging when the marginal distributions of the characteristic along which sorting takes place (e.g. education) also changes for either or both sexes. Drawing from the statistics literature we define...
Persistent link: https://www.econbiz.de/10013312250
be interpreted through a structural model of the marriage market; in particular, a crucial issue is how they relate to … variations in the economic surplus generated by marriage. We propose a very general criterion of increase in assortativeness, and …
Persistent link: https://www.econbiz.de/10012209877
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 of the distribution of welfare that can vary dramatically depending on overall environmental and economic factors. Thus, measures of inequality that ignore intrahousehold...
Persistent link: https://www.econbiz.de/10014025329
Persistent link: https://www.econbiz.de/10010518658