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We model consumption and labor supply behavior of a couple in a non-cooperative setting. Using minimal assumptions, we …
Persistent link: https://www.econbiz.de/10011603327
on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …
Persistent link: https://www.econbiz.de/10010277211
private consumption of market goods. They also depend on the consumption of domestic goods, which are produced by combining … collective model. We obtain interesting (and plausible) empirical results. Spouses'; preferences depend on the consumption of …
Persistent link: https://www.econbiz.de/10010274633
families' labour supply and intra-household consumption behaviour. We use simulated real world microdata created by means of a …
Persistent link: https://www.econbiz.de/10010297284
We present identification and estimation results for the collective model of labour supply in which there are discrete choices, censoring of hours and nonparticipation in employment. We derive the collective restrictions on labour supply functions and contrast them with restrictions implied by...
Persistent link: https://www.econbiz.de/10010332988
In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that … incorporates household consumption and family labour supply decisions. We derive analytical expressions based on approximations for … the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, non …
Persistent link: https://www.econbiz.de/10011605701
Whether couples pool their resources and behave like a unit or spend their income individually is crucial for social and tax policy. In this paper, I provide a test of the income pooling hypothesis using administrative cross-sectional survey data on expenditures and individual incomes of couple...
Persistent link: https://www.econbiz.de/10011984270
Whether couples pool their resources and behave like a unit or spend their income individually is crucial for social and tax policy. In this paper, I provide a test of the income pooling hypothesis using administrative cross-sectional survey data on expenditures and individual incomes of couple...
Persistent link: https://www.econbiz.de/10012099052
This paper considers the association between intra-household resource allocation and couple financial hardships in Australia. It develops and estimates a collective household model of expenditures on individual-specific necessities and hardship reporting where each partner has a distinct utility...
Persistent link: https://www.econbiz.de/10012497836
The consequence of the arrival of children for the gender wage gap - known as the child penalty - is substantial and has been documented for many countries. Little is still known about the impact of having children beyond paid work in the labor market, such as home production. In this paper we...
Persistent link: https://www.econbiz.de/10014533848