Showing 1 - 10 of 683,606
maximization of household welfare rests on the convexity of the budget sets. However, both the actual tax systems and the tax … specification might provide a reasonable approximation to the current intra-household allocation choices under the current tax rule …
Persistent link: https://www.econbiz.de/10010477880
The simulations of tax-benefit reforms with labour supply models often implicitly assume perfectly elastic labour demand, an assumption that may lead to unrealistic results. In this study we attempt to address this limitation and show how the interaction between labour supply and labour demand...
Persistent link: https://www.econbiz.de/10013118461
wage differences, variation in prices of bought-in inputs into household production in the form of child care, and domestic … productivity differences as determinants of across-household heterogeneity in second earner labour supply. The analysis highlights … specification of household time use widens the set of cases in which individual taxation is welfare-superior to joint taxation …
Persistent link: https://www.econbiz.de/10013099748
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 … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …
Persistent link: https://www.econbiz.de/10003314675
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 … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …
Persistent link: https://www.econbiz.de/10011346466
In this paper, we analyze the nature of intra-household allocations and commitment using unique panel data on … individual-specific within-household consumption expenditures and on time used for leisure, market production and home production …. Specifically we estimate a dynamic collective model of the household in which husbands and wives care about private consumption …
Persistent link: https://www.econbiz.de/10010255369
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 … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …
Persistent link: https://www.econbiz.de/10014061599
lifecycle collective model of the household, through which it characterizes behavior in three prominent alternative types of … contemporaneous and historical news affect household behavior. Our test permits heterogeneity in the degree of commitment across …
Persistent link: https://www.econbiz.de/10013460092
and share wealth. I show that, despite having standard exponential time preferences, the household is time … overconsumption by providing a way for members to lock-up wealth from each other. The household remains time-inconsistent, even when … it is possible for members to save separately, whenever intra-household relative-wealth shocks create the possibility …
Persistent link: https://www.econbiz.de/10013008538
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … behavior. The method imposes no parametric structure on household decision processes, accounts for unobserved preference … heterogeneity across individuals in different households, and requires only a single consumption observation per household. Our main …
Persistent link: https://www.econbiz.de/10011543531