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asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …
Persistent link: https://www.econbiz.de/10013168051
asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …
Persistent link: https://www.econbiz.de/10013175695
Household collective models celebrate their thirtieth birthday. The collective approach constitutes, perhaps, the … to some excellent surveys of household collective models (Strauss et al., 2000; Vermeulen, 2002; Donni and Chiappori … papers, the collective framework has been used to provide theoretical results for a number of household issues; for example …
Persistent link: https://www.econbiz.de/10011946430
This paper is intended to bridge the theoretical literature describing efficient intra-household behaviour and the … spouses. It examines the key elements of the collective model and discusses its relevance to analysing intra-household …
Persistent link: https://www.econbiz.de/10011639742
their choice has an externality on third parties. One typical application is a household. We run an experiment in the German … household member, but shy away from exposing others to risk. We model the situation, and we find four distinct types of …
Persistent link: https://www.econbiz.de/10011957498
their choice has an externality on third parties. One typical application is a household. We run an experiment in the German … household member, but shy away from exposing others to risk. We model the situation, and we find four distinct types of …
Persistent link: https://www.econbiz.de/10011977828
population in the household then examine the determinants of the decision to supply labour. The fraction of home …-produced childcare to household childcare needs is considered to be a public good within the household, for which preferences are … of the choice of home childcare vs. labour supply. We are able to quantify each household's sensitivity to potential …
Persistent link: https://www.econbiz.de/10011979076
We study how the presence of promotion competition in the labor market affects household specialization patterns. By … embedding a promotion tournament model in a household setting, we show that specialization can emerge as a consequence of … welfare superior to a situation in which both spouses invest equally in their careers. The reason is that household …
Persistent link: https://www.econbiz.de/10014490253