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We analyze how to fight the financial crisis at the level of Household Economics, by adopting environmental friendly alternative forms of energy, that reduce the CO2 emissions and the cost of living. The value of such green solutions is multiple: at the level of a better and healthier quality of...
Persistent link: https://www.econbiz.de/10011411231
Most econometric models of intrahousehold behavior assume that household decision-making is efficient, i.e., utility realizations lie on the Pareto frontier. In this paper we investigate this claim by adding a number of participation constraints to the household allocation problem. Short-run...
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Several theoretical contributions, starting with McElroy and Horney (1981) and Manser and Brown (1980), have suggested 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...
Persistent link: https://www.econbiz.de/10002597682
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We analyze how to fight the financial crisis at the level of Household Economics, by adopting environmental friendly alternative forms of energy, that reduce the CO2 emissions and the cost of living. The value of such green solutions is multiple: at the level of a better and healthier quality of...
Persistent link: https://www.econbiz.de/10011418695
We compute a stochastic household forecast for the Netherlands by the random share method. Time series of shares of persons in nine household positions, broken down by sex and five-year age group for the years 1996-2010 are modelled by means of the Hyndman-Booth-Yasmeen product-ratio variant of...
Persistent link: https://www.econbiz.de/10010354141
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