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This paper proposes a dynamic structural model of labour market and childcare choices for couples within a collective model of decision making. We formalise explicitly the need for childcare as a function of the age structure of the children population in the household then examine the...
Persistent link: https://www.econbiz.de/10011979076
This paper proposes a dynamic structural model of labour market and childcare choices for couples within a collective model of decision making. We formalise explicitly the need for childcare as a function of the age structure of the children population in the household then examine the...
Persistent link: https://www.econbiz.de/10012870355
In 30% of young American couples the wife is more educated than the husband. Those women are characterized by a substantially higher employment (all else equal), which in turn amplifies income inequality across couples. Using NLSY79, we formulate and structurally estimate a dynamic life-cycle...
Persistent link: https://www.econbiz.de/10011476887
This paper examines the effects of reforms that reduced alimony on matching in the marriage market. Recent literature … assortative matching, as women forgo specialization which may not be compensated upon divorce. Using state-level data on alimony … characteristics of newlyweds, we find that alimony reform increased measures of spousal covariance in education. Our results indicate …
Persistent link: https://www.econbiz.de/10012703134
We use elementary game-theoretical concepts to compare domestic equilibria with and without marriage. In particular, we examine the effects of marriage legislation, matrimonial property regime, and divorce court sentencing practice, on the decision to marry, and on the choice of game conditional...
Persistent link: https://www.econbiz.de/10010269649
The present paper quantifies the economic consequences of eliminating the system of income splitting in Germany. We apply a dynamic simulation model with overlapping generations where single and married agents have to decide on labor supply and homework facing income and lifespan risk. The...
Persistent link: https://www.econbiz.de/10009792209
The present paper quantifies the economic consequences of eliminating the system of income splitting in Germany. We apply a dynamic simulation model with overlapping generations where single and married agents have to decide on labor supply and homework facing income and lifespan risk. The...
Persistent link: https://www.econbiz.de/10010231591
We formalize and estimate the dynamic marginal efficiency cost of redistribution (MECR) in the spirit of Okun’s “leaky bucket” to compare the MECR of an income-contingent childcare subsidy program and of the income-contingent tax and transfer schedule. We set up a dynamic structural model...
Persistent link: https://www.econbiz.de/10014576962
The economic theory of fertility choice builds predominantly on the unitary model of the household, in which there is a single household utility function and potential intra-household disagreement is abstracted from. Empirical evidence suggests, however, that many (potential) mothers and fathers...
Persistent link: https://www.econbiz.de/10010458481
cooperation. -- Gender ; cohabitation ; marriage ; divorce ; alimony ; matrimonial property ; fertility ; division of labour …
Persistent link: https://www.econbiz.de/10003926729