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Persistent link: https://www.econbiz.de/10005573237
We present a theory of the emergence of laws restricting child labor or imposing mandatory education that is consistent with the fact that poor parents tend to oppose such laws. We find that if altruistic parents are unable to commit to educating their children, child-labor laws can increase the...
Persistent link: https://www.econbiz.de/10005822706
The rise in per-capita labor over the last 30 years is difficult to explain in a standard macroeconomic model because rising wages of women should have lead to a large rise in husband’s leisure. This paper argues that home production and bargaining are both essential for understanding these...
Persistent link: https://www.econbiz.de/10005703464
According to <link rid="b26">Pareto (1896)</link>, the distribution of income depends on "the nature of the people comprising a society, on the organization of the latter, and, also, in part, on chance." In the model developed here the "nature of the people" is captured by attitudes toward marriage, divorce,...
Persistent link: https://www.econbiz.de/10005230533
Are macro-economists mistaken in ignoring bargaining between spouses? This article argues that models of intra-household allocation could be useful for understanding aggregate labour supply trends in the U.S. since the 1970s. A simple calculation suggests that the standard model without...
Persistent link: https://www.econbiz.de/10010683354
According to Pareto (1896), the distribution of income depends on ``the nature of the people comprising a society, on the organization of the latter, and, also, in part, on chance.'' In the model developed here the ``nature of the people'' is captured by attitudes toward marriage, divorce,...
Persistent link: https://www.econbiz.de/10005504011
Persistent link: https://www.econbiz.de/10005504025
State-wide reports on police traffic stops and searches summarize very large populations, making them potentially powerful tools for identifying racial bias, particularly when statistics on search outcomes are included. But when the reported statistics conflate searches involving different...
Persistent link: https://www.econbiz.de/10005490973
This paper describes an overlapping-generations model of marriage, fertility, and income distribution.
Persistent link: https://www.econbiz.de/10005428208
Is variation by motorist race in the success rate of searches informative about racial bias if police are motivated by crime minimisation rather than success-rate maximisation? We show that the basic idea of extracting information from 'hit rates' may still be valid, provided one can verify some...
Persistent link: https://www.econbiz.de/10005392668