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In this paper we present a simple model of labour supply that is cast within the framework of an extended family. The model emphasizes a ricardian division of labour whereby the specialization is solely driven by marginal productivity and value of time differentials. The empirical implications...
Persistent link: https://www.econbiz.de/10005670359
In this paper we present a simple model of labour supply that is cast within the framework of an extended family. The model emphasizes a Ricardian division of labour whereby the specialization is solely driven by marginal productivity and value of time differentials. The empirical implications...
Persistent link: https://www.econbiz.de/10005760388
In this paper, we explore the impact of social policies and labour market characteristics on women’s decisions regarding work and childbearing, using data from the European Community Household Panel (ECHP). We estimate the two decisions jointly and, in addition to personal characteristics,...
Persistent link: https://www.econbiz.de/10005762203
The model takes into account the household production and self reported information is interpreted in relation with the sharing rule governing the bargaining process in the family. Considering that the theoretical framework implies a wide concept of full income, which includes the allocation of...
Persistent link: https://www.econbiz.de/10004967201
In this paper, we explore the impact of social policies and labour market characteristics on women's decisions regarding work and childbearing, using data from the European Community Household Panel (ECHP). We estimate the two decisions jointly and, in addition to personal characteristics,...
Persistent link: https://www.econbiz.de/10013325159
Persistent link: https://www.econbiz.de/10001672510
In this paper we propose a method to characterize the time series properties of individual consumption, income and interest rates using micro data, as studies in labour economics have characterized the time series properties of hours and earnings. Our approach, however, does not remove aggregate...
Persistent link: https://www.econbiz.de/10005720117
Two key issues in the literature on female labor supply are: (1) if persistence in employment status is due to unobserved heterogeneity or state dependence, and (2) if fertility is exogenous to labor supply. Until recently, the consensus was that unobserved heterogeneity is very important, and...
Persistent link: https://www.econbiz.de/10005822328
Economic models of household behavior typically yield the prediction that increases in schooling levels and wage rates of married women lead to increases in their labor supply and reductions in fertility. In Italy, as well as in other Southern European countries, low labor market participation...
Persistent link: https://www.econbiz.de/10005762391
In spite of relatively generous public subsidies and a reputation for high quality, only a very limited proportion of Italian families use public child care. In this paper we explore the significance of various factors on the choices made between different types of child care. In part one, we...
Persistent link: https://www.econbiz.de/10005763469