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The implementation of Gary Becker's (1965) time allocation model is hampered by the fact that values of the different time uses are usually not observed. In practice, one often assumes that the value of time is uniform across time uses by using market wages. This approach implies a fundamental...
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This paper uses the natural experiment of a large imbalance between men and women of marriageable age in Taiwan in the 1960s to test the hypothesis that higher sex ratios lead to husbands (wives) having a lower (higher) share of couple's time in leisure and higher (lower) share of the couple's...
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Economists have previously suggested that gains from marriage can be generated by complementarities in production (gains from specialization and exchange) or by complementarities in consumption (gains from joint consumption of household public goods and joint time consumption). This paper uses...
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This paper presents the properties of optimal piecewise linear tax systems for two-earner households, based on joint and individual incomes respectively. A key contribution is the analysis of the interaction between second earner wage differences, variation in the price of child care and...
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