Showing 1 - 10 of 577
We make the point that a flexible specification of spousal preferences and household production technology precludes the possibility of using revealed preference data on household time allocations to determine the manner in which spouses interact. Under strong, but standard, assumptions...
Persistent link: https://www.econbiz.de/10005181136
There is some controversy in the field of household economics regarding the efficiency of household decisions. We make the point that a flexible specification of spousal preferences and the household production technology precludes the possibility of using revealed preference data on household...
Persistent link: https://www.econbiz.de/10010551423
We develop a simple model of household time allocation decisions under strong functional form assumptions regarding preferences and household production technology. We argue that the specification is general when allowing for unrestrictive forms of population heterogeneity in the parameters...
Persistent link: https://www.econbiz.de/10005518865
We formulate a model of household behavior in which cooperation is costly and in which these costs vary across households. Some households rationally decide to behave noncooperatively, which in our context is an e?cient outcome. An intriguing feature of the model is that, while the welfare of...
Persistent link: https://www.econbiz.de/10005650190
We develop a simple model of household time allocation decisions under strong functional form assumptions regarding preferences and household production technology. We argue that the specification is general when allowing for unrestrictive forms of population heterogeneity in the parameters...
Persistent link: https://www.econbiz.de/10005763478
In this paper we analyze the relationship between the income sources of custodial divorced parents and their expenditure patterns. We use data from the Consumer Expenditure Survey to directly investigate the issue of whether or not divorced mothers receiving child support income spend larger...
Persistent link: https://www.econbiz.de/10008506613
We formulate a model of household behavior in which cooperation is costly and in which these costs vary across households. Some households rationally decide to behave noncooperatively, which in our context is an efficient outcome. An intriguing feature of the model is that, while the welfare of...
Persistent link: https://www.econbiz.de/10005703244
Our study analyses the costs and benefits of early child care for mothers’ labour supply and child development in Italy, exploring the role of the selection criteria used by local governments to assign child care slots. In Italy, only around 13% of the demand for public child care...
Persistent link: https://www.econbiz.de/10011169753
In this paper, we formulate a dynamic utility maximization model of female labor force participation and fertility choices and estimate approximate decision rules using data on married women in Italy, Spain and France. The pattern of estimated state dependence effects across countries is...
Persistent link: https://www.econbiz.de/10005094066
While several social, economic and financial indicators point to a growing convergence among European countries, striking differences still emerge in the timing of leaving home for adult children. In Southern countries (as Spain, Italy or Portugal) in 2001 more than 70 percent of young adults...
Persistent link: https://www.econbiz.de/10005094077