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We adopt the collective approach to consumer behavior with egoistic agents, and assume that the household consumption is either private or public. We then show that (i) household demands have to satisfy testable constraints and (ii) some elements of the decision process can be retrieved from...
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In this paper, we deal with female labour supply in the collective framework. We study married couples and start from the empirical observation that the husband's labour supply is generally fixed at full-time. We then show that, in this case, structural elements of the decision process, such as...
Persistent link: https://www.econbiz.de/10002654226
We consider the collective model of labor supply with marketable domestic production. We first show that, if domestic production is mistakenly ignored, the collectiveʺ indirect utilities that are retrieved from observed behavior will be unbiased if and only if the profit function is additive....
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"There is a large empirical literature on policy measures targeted at children but surprisingly very little theoretical foundation to ground the debate on the optimality of the different instruments. In the present paper, we examine the merit of targeting children through two general policies,...
Persistent link: https://www.econbiz.de/10003479623
There is a large empirical literature on policy measures targeted at children but surprisingly very little theoretical foundation to ground the debate on the optimality of the different instruments. In the present paper, we examine the merit of targeting children through two general policies,...
Persistent link: https://www.econbiz.de/10008799184