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The conventional approach to modelling family labour supply is to estimate a system of two-adult equations on micro data sets providing information on female and male hours of market work and aggregate family consumption of market goods. Information on all individual consumptions, including pure...
Persistent link: https://www.econbiz.de/10009131410
Household labour supply models are typically estimated on data sets containing information on family consumption and male and female hours of market work. The estimating equations are consistent with a theoretical model which assumes the maximisation of a household utility function defined on...
Persistent link: https://www.econbiz.de/10009131423
Persistent link: https://www.econbiz.de/10005389060
Persistent link: https://www.econbiz.de/10005096950
This paper is concerned with the question of how couples should be taxed. One reason for the importance of this issue is simply that the overwhelming majority of individuals live in households formed around couples, and so it could be argued that empirically, this is the single most important...
Persistent link: https://www.econbiz.de/10005523948
This paper analyses the policy implications for health insurance markets of the development of genetic testing. A central issue surrounding this development is whether insurers should be allowed access to the information provided by such tests. The paper first shows that on efficiency grounds...
Persistent link: https://www.econbiz.de/10005403550
In a careful and thorough empirical study, Christopher Udry (1996) shows convincingly that, in a large sample of West African households, household resource allocations were not Pareto efficient. This paper argues that observation of the Pareto inefficiency of a household resource allocation...
Persistent link: https://www.econbiz.de/10005406400
This paper combines income and expenditure with time use data to provide a unique picture of the time paths of labour supplies, saving and full consumption for two-adult households over the life cycle. These data are used to test the life cycle model presented in the paper, at the core of which...
Persistent link: https://www.econbiz.de/10004971328
This paper analyses a recent proposal of the Australian Government to reform the existing Medicare system. It develops models of the physician’s behaviour and of a household’s demand for medical insurance under the proposed system, and then proceeds to characterise the equilibrium under the...
Persistent link: https://www.econbiz.de/10004971330
This paper is concerned with the question of how couples should be taxed. One reason for the importance of this issue is simply that the overwhelming majority of individuals live in households formed around couples, and so it could be argued that empirically, this is the single most important...
Persistent link: https://www.econbiz.de/10004971405