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The assumption that household income is strongly and positively correlated with a household's real standard of living … earners. This paper shows, in the context of a model of the household with young children present, that this assumption is not … modelling and numerical simulations based on survey data, that household income is a poor indicator of household well-being …
Persistent link: https://www.econbiz.de/10013042974
determinants of across-household heterogeneity in second earner labour supply. We find that individual taxation is welfare …
Persistent link: https://www.econbiz.de/10012993113
in a household can be supported by self interest. Since the costs of raising children are unequally distributed among …
Persistent link: https://www.econbiz.de/10013117792
differences, variation in the price of child care and domestic productivity differences as determinants of across-household … heterogeneity in second earner labor supply, and of the resulting relationship between household income and the well-being of … household members. A central result is that taking account of a richer and more realistic specification of household time use …
Persistent link: https://www.econbiz.de/10013059499
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
This paper is a survey of the literature on theoretical models of the household, paying particular attention to some of … household's preference ordering over the utility profiles of its members depends on exogenous variables, in particular wage … approach to modelling household decision taking, flexible enough to encompass non-cooperative behaviour and Pareto …
Persistent link: https://www.econbiz.de/10013316648
We set out a general framework for cooperative household models, based on Samuelson's idea of a household welfare … function, but extending it to incorporate the key insight from Nash bargaining models - the idea that the household …
Persistent link: https://www.econbiz.de/10013316749