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We present a model of the time-allocation decision of spouses in order to study the role of heterogeneity in preferences and wages for couples' labor supply. Spouses differ in their tastes for market consumption and non-market goods and activities, and also in their offered or earned wages. They...
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Persistent link: https://www.econbiz.de/10012523139
This paper deals with different concepts of income elasticities of demand for a heterogenous population and the relationship between individual and aggregate elasticities is analyzed. In general, the aggregate elasticity is not equal to the mean of individual elasticities. The difference depends...
Persistent link: https://www.econbiz.de/10010264907
-founded representation obtained from explicit aggregation over homogeneous individuals again features different disutility of labor across …
Persistent link: https://www.econbiz.de/10011528241
show how lotteries as in Rogerson (1988) can again be used to convexify consumption sets, and aggregation over individual …
Persistent link: https://www.econbiz.de/10011538840
aggregation over homogeneous individuals features different disutility of labor across the two sectors, which is in line with the …
Persistent link: https://www.econbiz.de/10011565454
in Rogerson (1988) can again be used to convexify consumption sets, and we perform aggregation over individual …
Persistent link: https://www.econbiz.de/10011498639
aggregation over homogeneous individuals features different disutility of labor across the two sectors, which is in line with the …
Persistent link: https://www.econbiz.de/10011498644
show how lotteries as in Rogerson (1988) can again be used to convexify consumption sets, and aggregation over individual …
Persistent link: https://www.econbiz.de/10011498647
in Rogerson (1988) can again be used to convexify consumption sets, and we perform aggregation over individual …
Persistent link: https://www.econbiz.de/10011659963