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To work or not to work : the economics of a mother's dilemma
Hotchkiss, Julie L.; Pitts, M. Melinda; Walker, Mary Beth - 2011
supply behavior ; intermittent ; labor market exit ; labor leisure choice model …
Persistent link: https://www.econbiz.de/10008909056
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Forward looking behavior and empirical household consumption function
Jang, Insong - 2001
Modern consumer theories are built upon the premise of the forward looking behavior of households. While most of the empirical studies at micro level are based on Euler equation, there have been few to estimate the household consumption function and test the implication of forward looking...
Persistent link: https://www.econbiz.de/10011539196
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Wealth distribution and optimal inheritance taxation in life-cycle economies with intergenerational transfers
Heer, Burkhard - 2000
We introduce intergenerational transfers into a general equilihrium life-cycle model in order to explain observed levels of wealth heterogeneity. In our overlapping generations model, heterogenous agents face uncertain lifetime and leave both accidental and voluntary bequests to their cinldren....
Persistent link: https://www.econbiz.de/10010440978
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On the welfare cost of consumption fluctuations in the presence of memorable goods
Hai, Rong; Krueger, Dirk; Postlewaite, Andrew - 2013
We propose a new classification of consumption goods into nondurable goods, durable goods and a new class which we call "memorable" goods. A good is memorable if a consumer can draw current utility from its past consumption experience through memory. We construct a novel consumption-savings...
Persistent link: https://www.econbiz.de/10010208579
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The disappearing gender gap: The impact of divorce, wages, and preferences on education choices and women's work
Fernández, Raquel; Wong, Joyce Cheng - 2011
Women born in 1935 went to college significantly less than their male counterparts and married women's labor force participation (LFP) averaged 40% between the ages of thirty and forty. The cohort born twenty years later behaved very differently. The education gender gap was eliminated and...
Persistent link: https://www.econbiz.de/10010286870
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The disappearing gender gap : the impact of divorce, wages, and preferences on education choices and women’s work
Fernández, Raquel; Wong, Joyce Cheng - 2011
Women born in 1935 went to college significantly less than their male counterparts and married women's labor force participation (LFP) averaged 40% between the ages of thirty and forty. The cohort born twenty years later behaved very differently. The education gender gap was eliminated and...
Persistent link: https://www.econbiz.de/10009516927
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A wage-efficiency spatial model for US self-employed workers
Gimenez-Nadal, José Ignacio; Molina, José Alberto; … - 2016
leisure and effort at work are complementary. We develop a spatial model of self-employment in which effort at work and …
Persistent link: https://www.econbiz.de/10011449760
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Spatial distribution of US employment in an urban wage-efficiency setting
Gimenez-Nadal, José Ignacio; Molina, José Alberto; … - 2016
-efficiency background, where leisure and effort at work are complementary. Using data from the American Time Use Survey (ATUS) for the … relationship between individual earnings and commuting and leisure. Our empirical results show that employment is mostly … urban wage-efficiency theory. Furthermore, we use Geographical Information System models to show that there is no common …
Persistent link: https://www.econbiz.de/10011452224
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Can US coordination failure explain why Americans work so much more than Europeans?
Schiff, Maurice W. - 2014
Prescott (2004) argues that Europeans work much less than Americans because of higher taxes and that they would gain significantly by charging US taxes and working as much as Americans. I argue that the opposite may be true and that Americans work more than Europeans due to a coordination...
Persistent link: https://www.econbiz.de/10010258175
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Does income inequality lead to consumption inequality? Evidence and theory
Krueger, Dirk; Perri, Fabrizio - 2005
Using data from the Consumer Expenditure Survey we first document that the recent increase in income inequality in the US has not been accompanied by a corresponding rise in consumption inequality. Much of this divergence is due to different trends in within-group inequality, which has increased...
Persistent link: https://www.econbiz.de/10010298305