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household labour supply and consumption behaviour. We simulate real world microdata by means of a collective approach, using a … compound procedure of estimation and calibration based on the 1998 wave of the German socioeconomic panel. We estimate a … estimation of collective models with taxation. …
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because it ignores public good and the allocation of time to market work, leisure and household production. We develop a money … metric measure of welfare that accounts for public goods (by using personalized prices) household production and for the …
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We set up and solve a rich life-cycle model of household decisions involving consumption of both perishable goods and …
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