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Studies of the joint time-use decisions of spouses have relied on joint estimation of time-use equations, sometimes assuming correlated errors across spouses' equations and sometimes directly examining the effects of one spouse's time use on another's, relying on panel data or instrumental...
Persistent link: https://www.econbiz.de/10013057280
The structure of a family may have important consequences for the material well-being of its members. For example, in large families, an individual must share resources with many others, but she may benefit from economies of scale in consumption. In this paper, we study individual consumption in...
Persistent link: https://www.econbiz.de/10012389002
Resource shares, defined as the fraction of total household spending going to each person in a household, are important for assessing individual material well-being, inequality and poverty. They are difficult to identify because consumption is measured typically at the household level, and many...
Persistent link: https://www.econbiz.de/10011777995
We study jointly the health perception of the elderly and the care giving decision of their adult children. Social interactions play a crucial role: elder parents' health perception depends on relations with household members. On the other hand adult children make their care giving decisions...
Persistent link: https://www.econbiz.de/10014225271
Human resources are a key factor for firm success, particularly nowadays when most industrial economies face an increasing shortage of qualified labour. With their pooled labour markets, regional clusters have been shown to be a preferable location for firms in order to satisfy their demand for...
Persistent link: https://www.econbiz.de/10012200285
Social interactions are widely recognized as critical in initiating many habit-forming processes, especially regarding substance use. Nevertheless, little attention has been given to the behavioral biases of individuals as a potential driving factor in such consumption. This paper presents a...
Persistent link: https://www.econbiz.de/10013210955
The paper develops a theoretical framework, and a diagrammatic apparatus, for explaining the supply of child labour. It examines the effect of credit, insurance, and poverty (defined as more than just low income). It also explains bonded child labour, a modern form of slavery closely associated...
Persistent link: https://www.econbiz.de/10010261870
Sleep is a source of energy. This energy is available in limited quantity and individuals must decide when it should be renewed and when it should be consumed. The economics of sleeping and the economics of resource extraction are one and the same. More specifically, utility maximization with...
Persistent link: https://www.econbiz.de/10014306470
The distribution of income within the household is found to matter for the allocation of resources towards nutrition. Rural Mexican households do not pool income, nor do they attain a Pareto-efficient allocation of resources. In contrast to what is commonly done in the literature, I do not...
Persistent link: https://www.econbiz.de/10003039647
The distribution of income within the household is found to matter for the allocation of resources towards nutrition. Rural Mexican households do not pool income, nor do they attain a Pareto-efficient allocation of resources. In contrast to what is commonly done in the literature, I do not...
Persistent link: https://www.econbiz.de/10013318350