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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
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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
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’s preference ordering over the utility profiles of its members...
Persistent link: https://www.econbiz.de/10005566789
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This paper argues against the policy position that begins with a doomsday scenario of publicly provided health insurance and pension systems threatened with collapse under the stresses imposed by population ageing, and instead contends that the threat of crisis in these systems is policy driven....
Persistent link: https://www.econbiz.de/10005760896
Historically, in virtually all developed economies there seems to be clear evidence of an inverse relationship between female labor supply and fertility. However, particularly in the last decade or so, the relationship across countries has been positive: for example countries like Germany, Italy...
Persistent link: https://www.econbiz.de/10005761900
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/10005762100