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This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … leads to wealth inequalities. However, the intra-household processes appear to be efficient in terms of welfare, as … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a …
Persistent link: https://www.econbiz.de/10011892483
Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element …, measures of inequality that ignore intra household allocations are both incomplete and misleading. We discuss determinants of … intra household allocation of resources and welfare. We show how the sharing rule, which characterizes the within household …
Persistent link: https://www.econbiz.de/10013053293
in wealth, attempting to highlight the paths between the various facets of gender inequality. Throughout the review, much …
Persistent link: https://www.econbiz.de/10014025339
We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove that every equilibrium path converges to a unique steady state, and study the effect of altruism on the properties of steady-state equilibrium. We show that aggregate income is...
Persistent link: https://www.econbiz.de/10014384038
Housing is a long-lived asset whose value is sensitive to variations in long-term growth and interest rates. When a large fraction of the population is leveraged, housing price fluctuations cause large-scale redistribution and consumption volatility. We examine policies to mitigate the impact of...
Persistent link: https://www.econbiz.de/10012835957
native women. We hypothesize that female immigration led to an increase in the supply of affordable household services, such … size of the household services sector and to an increase in the labor supply of women in high-earning occupations (of about …, to stay in the workforce longer when having elderly dependents in the household, and to postpone retirement …
Persistent link: https://www.econbiz.de/10013157649
native women. We hypothesize that female immigration led to an increase in the supply of affordable household services, such … size of the household services sector and to an increase in the labor supply of women in high-earning occupations (of about …, to stay in the workforce longer when having elderly dependents in the household, and to postpone retirement …
Persistent link: https://www.econbiz.de/10013158120
I structurally estimate an incomplete markets life-cycle model with endogenous labor supply using data on the joint distribution of wages, hours, and consumption. The model is successful at matching the evolution of both the first and second moments of the data over the life cycle. The key...
Persistent link: https://www.econbiz.de/10011756849
native women. We hypothesize that female immigration led to an increase in the supply of affordable household services, such … size of the household services sector and to an increase in the labor supply of women in high-earning occupations (of about …, to stay in the workforce longer when having elderly dependents in the household, and to postpone retirement …
Persistent link: https://www.econbiz.de/10014205763
Labour market dynamics according the individual working hour tension (preferred working hours minus actual working hours) of active people with focus on the self-employed, as professions and entrepreneurs, and employees are investigated in our study. The individual longitudinal analysis based on...
Persistent link: https://www.econbiz.de/10014207261