Several models of intra-household decision making have been suggested in the literature. One important dichotomy is between non-cooperative and cooperative models (including specific models of bargaining). The other important distinction is between models that allow for caring and those that do...

This paper provides insights into the gains of forming a couple by estimating how much of the difference in housework between single and married individuals is causal and how much is due to selection. Permanent unobserved heterogeneity explains about half of the observed differences in housework...

We develop a theoretical model for the intra-household allocation of time and consumption. The model distinguishes between the partners' joint and private leisure time. We estimate the parameters of our model on a Danish time use survey with information on time allocation and expenditures. The...

The main aim of this paper is to assess the validity of the life cycle model of consumption. In particular, we address an issue that has recently received much attention, especially in the macroeconomic literature: that of "excess sensitivity" of consumption growth to income growth. We do this...

Sharp nonparametric bounds are derived for Hicksian compensating and equivalent variations. These i-bounds generalize earlier results of Blundell, Browning and Crawford (2008). We show that their e-bounds are sharp under the Weak Axiom of Revealed Preference (WARP). They do not require...

Sharp nonparametric bounds are derived for Hicksian compensating and equivalent variations. These 'i-bounds' generalize earlier results of Blundell, Browning and Crawford (2008). We show that their e-bounds are sharp under the Weak Axiom of Revealed Preference (WARP). They do not require...