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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/10010441692
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/10010264270
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/10009613679
differences, variation in the price of child care and domestic productivity differences as determinants of across-household … heterogeneity in second earner labour supply, and of the resulting relationship between household income and the wellbeing 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/10010229858
Persistent link: https://www.econbiz.de/10003624695
phases that represent the key transitions in the life cycle of a typical household. Our contention is that, given the … policy. Before children arrive, the adult members of the household have high labour supplies and plenty of leisure. The … ; labour supply ; household taxation ; life cycle …
Persistent link: https://www.econbiz.de/10003287687
Persistent link: https://www.econbiz.de/10003227276
determinants of across-household heterogeneity in second earner labour supply. We find that individual taxation is welfare …
Persistent link: https://www.econbiz.de/10011451043
stringent conditions hold. This paper shows that when the two-earner household's saving decision is formulated more generally …
Persistent link: https://www.econbiz.de/10009613678
Historically, in virtually all developed economies there seems to be clear evidence of an inverse relationship between female labor supply and fertility. However, particularly in the last decade or so, the relationship across countries has been positive: for example countries like Germany, Italy...
Persistent link: https://www.econbiz.de/10011405699