Empirical Estimation Results Of A Collective Household Time Allocation Model
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Empirical Estimation Results Of A Collective Household Time Allocation Model
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Author :
language : en
Publisher:
Release Date : 2006
Empirical Estimation Results Of A Collective Household Time Allocation Model written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Empirical Estimation Results Of A Collective Household Time Allocation Model
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Author : Chris van Klaveren
language : en
Publisher:
Release Date : 2006
Empirical Estimation Results Of A Collective Household Time Allocation Model written by Chris van Klaveren and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
In this paper an empirical model is developed where the collective household model is used as a basic framework to describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household utility function which is a weighted sum of the utility functions of the male and the female. The empirical research that has been done is mainly focused on testing and refuting the unitary model. Moreover, in the bulk of time allocation literature the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two individual utility functions and the household power weight distribution, which is parameterized per household. The model is estimated on a sub-sample of the British Household Panel Survey, consisting of two-earner households. The empirical results suggest that: (1) Given that the weight distribution is wage dependent, preferences of males and females differ, which rejects the unitary model; (2) The power differences are mainly explained by differences in the ratio of the partners' hourly wages; (3) Although there are significant individual variations on average the power distribution in two-earner families is about even; (4) The male tends to be marginally more productive in performing household tasks than the female (5) The preference for total household production is influenced by family size for the female but not for the male (6) Both males and females have a backward bending labor supply curve.
Empirical Estimation Results Of A Collective Household Time Allocation Model
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Author : Chris van Klaveren
language : en
Publisher:
Release Date : 2014
Empirical Estimation Results Of A Collective Household Time Allocation Model written by Chris van Klaveren and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
In this paper an empirical model is developed where the collective household model is used as a basic framework to describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household utility function which is a weighted sum of the utility functions of the male and the female. The empirical research that has been done is mainly focused on testing and refuting the unitary model. Moreover, in the bulk of time allocation literature the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two individual utility functions and the household power weight distribution, which is parameterized per household. The model is estimated on a sub-sample of the British Household Panel Survey, consisting of two-earner households. The empirical results suggest that: (1) Given that the weight distribution is wage dependent, preferences of males and females differ, which rejects the unitary model; (2) the power differences are mainly explained by differences in the ratio of the partners' hourly wages; (3) although there are significant individual variations on average the power distribution in two-earner families is about even; (4) the male tends to be marginally more productive in performing household tasks than the female; (5) the preference for total household production is influenced by family size for the female but not for the male; and (6) both males and females have a backward-bending labor supply curve.
Empirical Estimation Results Of A Collective Household Time Allocation Model
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Author : Chris van Klaveren
language : de
Publisher:
Release Date : 2006
Empirical Estimation Results Of A Collective Household Time Allocation Model written by Chris van Klaveren and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Labor market categories.
The Intra Household Allocation Of Time
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Author :
language : en
Publisher: Rozenberg Publishers
Release Date : 2009
The Intra Household Allocation Of Time written by and has been published by Rozenberg Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Household Economic Behaviors
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Author : J. A. Molina
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-08-31
Household Economic Behaviors written by J. A. Molina and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-08-31 with Psychology categories.
Significant recent changes in the structure and composition of households make the study of the economic relationships within the household of particular interest for academics and policy-makers. In this context, Household Economic Behaviors, through its focus on theoretical and empirical chapters on a range of economic behaviors within the household, provides a new and timely viewpoint. Following the Introduction and one or two surveys which give a general background, the volume includes theoretical and empirical perspectives on allocation of available time within the household, monetary and non-monetary transfers between household members, and intra-household bargaining.
A Collective Household Model Of Time Allocation A Comparison Of Native Dutch And Immigrant Households In The Netherlands
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Author : Chris van Klaveren
language : en
Publisher:
Release Date : 2008
A Collective Household Model Of Time Allocation A Comparison Of Native Dutch And Immigrant Households In The Netherlands written by Chris van Klaveren and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
Although the number of immigrant households in the Netherlands is substantial, the labor supply choices of this group are usually neglected in empirical studies because these households are usually under-sampled. We use a stratified sample of Turkish, Surinamese/Antillean and Dutch households that enables us to discuss how two-earner households allocate their time to different activities. In order to do so, we empirically estimate a collective household labor supply model. The main findings are that: (1) Leisure and household income are the most important variables in the utility function of the male. (2) Leisure, total household production and total household production interacted with family size are important variables in the utility function of the female. The latter two are especially important for Turkish and Surinamese/Antillean females. (3) The utility of Turkish and Dutch males weighs slightly more than the utility of the partner in the household utility function. For Surinamese/Antillean families we find the opposite. (4) Utility weighting depends on the presence of children and on the hourly wage rates of both partners. (5) The labor supply curve is forward bending for both male and female in terms of their own wage. The labor supply curve is backward bending for both male and female in terms of the partners wage. We find this for all household types. (6) The presence of (more) children reduces the hours of labor supplied by women and increases the number of hours supplied by men.
Essays On Household Time Allocation Decisions In A Collective Household Model
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Author : Heidi Silvennoinen
language : en
Publisher:
Release Date : 2008
Essays On Household Time Allocation Decisions In A Collective Household Model written by Heidi Silvennoinen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Families categories.
Agricultural Household Models
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Author : Inderjit Singh
language : en
Publisher:
Release Date : 1986
Agricultural Household Models written by Inderjit Singh and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Agricultural industries categories.
This book presents the basic model of an agricultural household that underlies most of the case studies undertaken so far. The model assumes that households are price-takers and is therefore recursive. The decisions modeled include those affecting production and the demand for inputs and those affecting consumption and the supply of labor. Comparative results on selected elasticities are presented for a number of economies. The empirical significance of the approach is demonstrated in a comparison of models that treat production and consumption decisions separately and those in which the decisionmaking process is recursive. The book summarizes the implications of agricultural pricing policy for the welfare of farm households, marketed surplus, the demand for nonagricultural goods and services, the rural labor market, budget revenues, and foreign exchange earnings. In addition, it is shown that the basic model can be extended in order to explore the effects of government policy on crop composition, nutritional status, health, saving, and investment and to provide a more comprehensive analysis of the effects on budget revenues and foreign exchange earnings. Methodological topics, primarily the data requirements of the basic model and its extensions, along with aggregation, market interaction, uncertainty, and market imperfections are discussed. The most important methodological issues - the question of the recursive property of these models - is also discussed.
Economics Of The Family
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Author : Martin Browning
language : en
Publisher: Cambridge University Press
Release Date : 2014-06-05
Economics Of The Family written by Martin Browning and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-05 with Business & Economics categories.
The family is a complex decision unit in which partners with potentially different objectives make consumption, work and fertility decisions. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. This book provides a comprehensive, modern and self-contained account of the research in the growing area of family economics. The first half of the book develops several alternative models of family decision making. Particular attention is paid to the collective model and its testable implications. The second half discusses household formation and dissolution and who marries whom. Matching models with and without frictions are analyzed and the important role of within-family transfers is explained. The implications for marriage, divorce and fertility are discussed. The book is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family.