We develop a simple model of household time allocation decisions under strong functional form assumptions regarding preferences and household production technology. We argue that the specification is general when allowing for unrestrictive forms of population heterogeneity in the parameters...

Economic models of household behavior typically yield the prediction that increases in schooling levels and wage rates of married women lead to increases in their labor supply and reductions in fertility. In Italy, as well as in other Southern European countries, low labor market participation...

In this paper we focus in particular on the participation of women with children, considering the peculiar characteristics of the Italian labour market, the social service system as well as the legislation regarding maternity leave, which have jointly constrained the possibility for women to...

There is a long history of the theoretical and empirical investigation of the labor supply decisions of married women. Perhaps the starting point for modern econometric analysis of this question is Heckman (1974), in which a neoclassical model of wives’ labor supply was estimated using...

In this paper, we aim to explore the impact of social policies and labour market characteristics on women’s decisions regarding working and having children, using data from the European Community Household Panel (ECHP). We estimate the two decisions jointly, including in the analysis, beyond...

In this paper we present important empirical evidence regarding recent trends in women’s participation and fertility in European countries, and provide several interpretations of the differences across countries. Several recent analyses have considered labour supply and fertility as a joint...

In this paper, we examine whether the imperfections in the credit market spill over to the labor market. We examine the case of a country that experienced a very high degree of imperfections in the financial markets, but underwent substantial changes in 1992 due to the liberalization brought by...

Economic models of household behavior typically yield the prediction that increases in schooling levels and wage rates of married women lead to increases in their labor supply and reductions in fertility. In Italy, low labor market participation rates of married women are observed together with...

While a large literature has focused on the impact of parental investments on child cognitive development, very little is known about the role of child’s own investments. Information on how children invest their time separately from parents is probably little informative for babies and...

Using different econometric specifications this paper analyzes the relationship between the time parents spend with their children, child-related expenditure and the results obtained by them, with particular attention to gender differences. The authors use PSID-CDS data from 1997 to 2007 and...