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of couples' commuting, wages, labor supply, and consumption. Using data from the PSID for the years 2011-2019, results …. This paper offers an alternative view by using a household model as the theoretical basis to explore the interconnectedness … indicate a positive and highly significant correlation between wages and commuting when analyzed cross-sectionally. However …
Persistent link: https://www.econbiz.de/10014581485
contemporaneous and historical news affect household behavior. Our test permits heterogeneity in the degree of commitment across … households. Using recent data from the Panel Study of Income Dynamics, we reject full and no commitment, while we find strong … lifecycle collective model of the household, through which it characterizes behavior in three prominent alternative types of …
Persistent link: https://www.econbiz.de/10013470500
Persistent link: https://www.econbiz.de/10013449268
Persistent link: https://www.econbiz.de/10013472108
intra-household non-commitment, limited commitment, and full commitment. It investigates whether, after controling for … current and future (expected) wages, past wage shocks have a lasting and significant impact on present labor supply and public … consumption. Using a semi-log parametrization of labor supply and data from the Panel Study of Income Dynamics for the US, the …
Persistent link: https://www.econbiz.de/10012015969
Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element … intrahousehold allocation of resources and welfare. We show how the sharing rule, which characterizes the within-household … allocations, can be identified from data on household consumption and labor supply. We also argue that a measure based on …
Persistent link: https://www.econbiz.de/10014025329
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
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 … correlation between individual wages and labor supply, while cross-wages go in the opposite direction. Additionally, we find that …
Persistent link: https://www.econbiz.de/10011892483
This note explores the problem of family labor supply decision in an economy with two-member households, joint home production, and fixed cost of joint labor supply. Even though the labor supply decisions are not indivisible per se, the presence of such fixed cost and partners with unequal labor...
Persistent link: https://www.econbiz.de/10011498639
This note explores the problem of family labor supply decision in an economy with two-member households, joint home production, and fixed cost of joint labor supply. Even though the labor supply decisions are not indivisible per se, the presence of such fixed cost and partners with unequal labor...
Persistent link: https://www.econbiz.de/10011659963