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time to different activities. In order to do so, we empirically estimate a collective household labor supply model. The … main findings are that: (1) Leisure and household income are the most important variables in the utility function of the … male; (2) Leisure, total household production and total household production interacted with family size are important …
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There is some controversy in the field of household economics regarding the efficiency of household decisions. We make … the point that a flexible specification of spousal preferences and the household production technology precludes the … possibility of using revealed preference data on household time allocations to determine the manner in which spouses interact …
Persistent link: https://www.econbiz.de/10010201289
This paper investigates the relationship between the probability of divorce and marriage specific investments. As these … investments in terms of childcare and household activities are likely to increase the marital surplus, they are consequently … relationship between divorce and marital investments is offered in terms of increasing intra-household time consumption …
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In this paper an empirical model is developed where the collective household model is used as a basic framework to … describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household … individual utility functions and the household power weight distribution, which is parameterized per household. The model is …
Persistent link: https://www.econbiz.de/10011346466
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a … wives tend to be more altruistic in comparison to their husbands regarding the intra-household allocation of income, which …
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