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The present paper develops a theoretical model of labor supply with domestic production. It is shown that the structural components of the model can be identified without a distribution factor, thereby generalizing the initial results of Apps and Rees (1997) and Chiappori (1997). The theoretical...
Persistent link: https://www.econbiz.de/10010269787
The cost of children is a critical parameter used in determining many economic policies. For instance, correctly setting the tax deduction for families with children requires assessing the true household cost of children. Evaluating child poverty at the individual level requires making a clear...
Persistent link: https://www.econbiz.de/10011404963
Household collective models celebrate their thirtieth birthday. The collective approach constitutes, perhaps, the microeconomics topic that has produced the largest number of papers (both published and in working paper/mimeo formats) during the last three decades, beginning with the seminal...
Persistent link: https://www.econbiz.de/10011984475
We develop a theoretical model for the intra-household allocation of time and consumption. The model distinguishes between the partners? joint and private leisure time. We estimate the parameters of our model on a Danish time use survey with information on time allocation and expenditures. The...
Persistent link: https://www.econbiz.de/10013202245
Persistent link: https://www.econbiz.de/10012082800
In the present paper, we adopt the collective approach to consumer behavior - which supposes that each household member is characterized by his/her own preferences and that the decision process results in Pareto-efficient outcomes - and assume, in addition, that agents are egoistic and...
Persistent link: https://www.econbiz.de/10005509930
Consider a model of bargaining, in which two players, 1 and 2, share a pie of size $y$. The bargaining environment is described by a set of parameters $\lambda$ that may affect agents' preferences over the agreement sharing, the status quo outcome, or both. The outcomes (i.e., whether an...
Persistent link: https://www.econbiz.de/10005523760
In this paper, we present a collective model of household demand based on Pareto-efficiency. In addition, we suppose that (a) each household member is egoistic and consumption is purely private, (b) there is a set of distribution factors and (c) there is one exclusive good. Then we derive the...
Persistent link: https://www.econbiz.de/10005466978
The present paper develops a collective model of labor supply with domestic production. It is shown that the structural components of the model can be identified without using a distribution factor, thereby generalizing the initial results of Apps and Rees (1997) and Chiappori (1997). The...
Persistent link: https://www.econbiz.de/10010852226
Since the seminal work of MINCER [1962] and BECKER [1965], the interest for the study of individual and household time allocation has been on the rise. In this introduction, we provide a brief, impressionistic survey of this large and rapidly growing literature and then discuss the organization...
Persistent link: https://www.econbiz.de/10010852296