We use a simple version of the Psychological Expected Utility Model (Caplin and Leahy, QJE, 2001) to analyze the optimal choice of information accuracy by an individual who is concerned with anticipatory feeling. The individual faces the following trade-off: on the one hand information may lead...

Aggregate evidence has revealed a significant increase in women’s labour market participation (especially among married women) and a decline in male participation, both in Italy and in all the other OECD countries. In this paper, we empirically test the relationship between the education and...

During the last two decades, the discrete-choice modelling of labour supply decisions has become increasingly popular, starting with Aaberge et al. (1995) and van Soest (1995). Within the literature...

There have been few theoretical analyses of this relationship. Weiss and Willis (1985) provide one theoretical motivation for the positive relationship between the non custodial parent’s contact time with the child and their level of transfers. They claim that increased contact time allows...

According to the agenda for employment set by the EU in 2000 for the following ten years, the target for female employment was set at 60 per cent for the year 2010. While Northern and most Continental countries have achieved this quantitative target, the Mediterranean countries are lagging...

We examine the effects of di¤erences in social capital on first and second best transfers to families with children, in an asym- metric information context where the number of births, and the future earning capacity of each child that is born, are random variables. The probability that a couple...

Gavosto, Venturini, Villosio (1999) found that the impact of immigrants on the wage rates of natives was positive. This result has led to the present paper which analyses the effect of immigrants on native employment. Two aspects of being unemployed are considered: i) displacement risk, the...

This paper analyzes the properties of a particular sectoral labor supply model developed and estimated in Dagsvik and Strøm (2006). Agents have preferences over sectors and latent job attributes. Moreover, the model allows for a representation of the individual choice sets of feasible jobs in...

In this paper we describe a software instrument, implemented with GAUSS, to evaluate a tax reform in terms of change in household welfare, and in particular in term of Compensating Variation (CV), within a random utility model. The program flow and the program list with comments are supplied.

A female labor supplied model including sectoral choice, estimated on data from Norway, 1994 has been used in simulation to yield labor supply elasticities. We find that these elasticities are declining with the wage level of the women. The overall elasticities are rather small, but these small...