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some economic models of household decision-making. Subjects make choices individually and jointly and are asked to make …
Persistent link: https://www.econbiz.de/10010319027
The causes and consequences of child labour are examined theoretically and empirically within a household decision …
Persistent link: https://www.econbiz.de/10010262340
-earners. About 24% of American women in dual-earner households earned more than their husband in 2004. Using a model of household … may also come into play. Our empirical model specifies spouse labour-market participation equations within each household …
Persistent link: https://www.econbiz.de/10010276779
to model household behavior as a Nash-bargaining game. Since then, very few attempts have been made to operationalize … cooperative models of household labor supply for policy analysis. In this paper, we implement a Nash-bargaining model with … the likely role of taxation on intra-household negotiation. …
Persistent link: https://www.econbiz.de/10010262203
This paper applies the theory of relational contracts to make precise the idea that because households are engaged in a … specialisation and exchange which exists in the household. The household's choice of a particular solution from the resulting … feasible set is found by the maximisation of a household welfare function, a generalisation of a suggestion originally made by …
Persistent link: https://www.econbiz.de/10010269303
model of household decisions which explicitly accounts for the role played by the tax and benefit system. Its main … implications are then tested using panel data from the British Household Panel Survey collected between 1991 and 2002. Overall, the …
Persistent link: https://www.econbiz.de/10010274400
We provide a nonparametric 'revealed preference' characterization of rational household behavior in terms of the … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The …, monotonicity is testable for the model that assumes all household consumption is public. …
Persistent link: https://www.econbiz.de/10010269151
This article considers non-unitary models of household behavior. These models suppose explicitly that households … household behavior in these models are subject to constraints that differ from the traditional Slutsky conditions. In addition …, in a certain number of specific cases, the preferences of the different household members can be identified from …
Persistent link: https://www.econbiz.de/10010269486
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/10010262223
We set out a general framework for cooperative household models, based on Samuelson's idea of a household welfare … function, but extending it to incorporate the key insight from Nash bargaining models - the idea that the household …
Persistent link: https://www.econbiz.de/10010268333