In this paper we consider an empirical collective household model of time allocation for twoearnerhouseholds. The … equally weighted in the household utility function; (3)Differences in the ratio of the partners' hourly wages are explanatory … for how individualutilities are weighted in the household utility function. (4) The female's preference forhousehold …

Do older workers change their labor supply in response to unexpected housing wealth losses (or gains)? Housing wealth … response to unexpected housing wealth gains or losses. Subgroup analyses suggest that college-educated workers may be the most … responsive, even though housing wealth makes up a lower share of their total wealth, probably due to their comparably greater …

Using a longitudinal data set from South Korea, we estimate the impact of housing wealth on labor supply and the … retirement behavior of elderly workers. Estimation results from our model suggest that house wealth variations significantly … influence the labor supply of older workers. The housing wealth effect is bigger for people nearing retirement, which influences …

I find that negative home equity causes a 2%-6% reduction in household labor supply. I utilize U.S. household …