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Household Budget Survey of 1998/ 99. To that end, a conventional Probit model is employed for the estimation of the … participation decision; a typical OLS regression corrected for selectivity bias is used for the estimation of the wage equation; and …, a Tobit procedure is utilized for the estimation of the labor supply function. The econometric results confirm the …
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exit employment - is still important among a subset of couples, but that the overall value of marriage as a risk …-sharing arrangement has diminished because of the greater positive co-movement of employment within couples. While positive assortative …
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Higher body-weight (BMI) can affect labor supply via its effects on outcomes in both labor markets and marriage markets. To the extent that it is associated with lower prospects of being in couple and obtaining intra-couple transfers, we expect that higher BMI will increase willingness to supply...
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This paper studies the impact of tax incentives on economic behavior within the household. We focus on an Italian tax policy that grants a large tax credit to main earners if their spouses, designated as “dependent spouses” by the tax law, report income below a certain threshold. Combining a...
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