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. Yet the family (and decision making in families) is typically ignored in macroeconomic models. In this chapter, we argue … that family economics should be an integral part of macroeconomics and that accounting for the family leads to new answers …-run fluctuations and argue that changes in family structure in recent decades have important repercussions for the determination of …
Persistent link: https://www.econbiz.de/10014024274
the short- and medium-run. To identify the causal effects of these shock realizations, we leverage administrative data on … experience the same shock but a few years in the future. We find that fatal health shocks lead to an immediate increase in the … self-insurance as a driving mechanism for the family labor supply responses that we estimate. Combined with a stylized …
Persistent link: https://www.econbiz.de/10013019492
the short- and medium-run. To identify the causal effects of these shock realizations, we leverage administrative data on … experience the same shock but a few years in the future. We find that fatal health shocks lead to an immediate increase in the … self-insurance as a driving mechanism for the family labor supply responses that we estimate. Combined with a stylized …
Persistent link: https://www.econbiz.de/10012457316
“modern” double-earner households using market child care. Family policies may favour either the one or the other group, like …
Persistent link: https://www.econbiz.de/10012230973
This paper presents a model of lifetime utility maximisation in which expectations of future marital transitions play a role in the determination of work hours. Married people with spouses who earn more are predicted to devote additional time to the labour market when they are confronted with a...
Persistent link: https://www.econbiz.de/10003488991
Persistent link: https://www.econbiz.de/10001558544
This paper presents a model of lifetime utility maximisation in which expectations of future marital transitions play a role in the determination of work hours. Married people with spouses who earn more are predicted to devote additional time to the labour market when they are confronted with a...
Persistent link: https://www.econbiz.de/10012779116
Persistent link: https://www.econbiz.de/10012019359
Persistent link: https://www.econbiz.de/10003664142
relationship between early labor market conditions and young females' family formation outcomes. A policy-pilot affecting the … recession for low-grade students in particular. In contrast, we document very long-lasting effects on family formation outcomes … respond to early labor market prospects by changing the quality threshold for entering into family formation, a process which …
Persistent link: https://www.econbiz.de/10011973131