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This paper examines how Frisch labor supplies, and other structural components of the intertemporal model of labor supply, can be recovered from estimates obtained with the approach developed by Heckman and MaCurdy.
Persistent link: https://www.econbiz.de/10005795985
The present paper investigates noncooperative models of labor supply. First, we develop a model of labour supply which generalizes most specifications that can be found in the literature. Then, we study the properties of testability and identifiability of this model and its variations. Finally,...
Persistent link: https://www.econbiz.de/10005811837
In this paper, we present a collective model of household demand based on Pareto-efficiency. In addition, we suppose that (i) each household member is egoistic and consumption is purely private, (ii) there is a set of distribution factors and (iii) there is one exclusive good. Then we derive the...
Persistent link: https://www.econbiz.de/10005811867
Cet article étudie les relations entre l'origine socio-économique des élèves belges et leur parcours scolaire primaire et secondaire. Il repose sur l'hypothèse que le parcours scolaire des élèves peut être décrit par un processus de Markov. Sur la base d'un échantillon transversal d'un...
Persistent link: https://www.econbiz.de/10008505598
The present paper examines the theory of non-cooperative models of labor supply. Firstly, we develop a general framework that contains the various labor supply models found in the literature as particular cases. Secondly, we derive the properties of testability and identifiability of these...
Persistent link: https://www.econbiz.de/10008510308
This paper examines the literature on non-unitary models of household behaviour. These models explicitly postulate that the household is made up of several persons with different preferences. They can be classified into two categories. On the one hand, cooperative (or collective) models suppose...
Persistent link: https://www.econbiz.de/10008510942
Persistent link: https://www.econbiz.de/10008510973
The purpose of the paper is to measure technical efficiency levels in 15 OECD insurance industries over the period 1983-1991 and to decompose productivity changes into technical progress and efficiency variations. We show that the growth in the productivity observed in all countries is...
Persistent link: https://www.econbiz.de/10008514438
This article considers non-unitary models of household behavior. These models suppose explicitly that households consist of a number of different members with preferences that are different from each other. They can be split up into two principal categories: cooperative (or collective) models,...
Persistent link: https://www.econbiz.de/10008514861
We adopt the collective approach to consumer behavior with egoistic agents and assume that household consumption is either private or public. We then show that (1) household demand functions have to satisfy testable constraints and (2) some elements of the decision process can be retrieved from...
Persistent link: https://www.econbiz.de/10008517940