Intrafamily Bargaining And Household Decisions
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Intrafamily Bargaining And Household Decisions
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Author : Notburga Ott
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Intrafamily Bargaining And Household Decisions written by Notburga Ott 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 2012-12-06 with Political Science categories.
A model of household decisions based on a bargaining approach is developed providing a comprehensive framework for the analysis of family behavior. Treating the family as an economic organization, household behavior is explained by the cooperation of utility maximizing individuals. The difference to traditional microeconomic household models is that theassumption of a joint household utility function is abandoned. Instead of this, a game theoretic approach is used to model family decisions as a result of intrafamily bargaining. Considering the development of the spouses` human capital in a dynamic approach, the long-term effects of intrafamily specialization in market work and work at home are analyzed. Onemajor finding is that in a dynamic setting non-Pareto efficient allocations may result. Empirical tests demonstrate the relevanace of the bargaining approach.
Microeconomic Studies
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Author :
language : en
Publisher:
Release Date :
Microeconomic Studies written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Economic And Social Status In Household Decision Making
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Author : Chin-Oh Chang
language : en
Publisher:
Release Date : 2002
Economic And Social Status In Household Decision Making written by Chin-Oh Chang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.
Models of the allocation of household resources use as a decision rule either the maximization of a household utility function (Becker, 1984) or the solution to a Nash-bargaining game (McElroy and Horney, 1981). To date the mobility literature has exclusively utilized the former approach to analyze the household's decision to change location. This is despite the strong empirical evidence that allocations in other areas are more consistent with the bargaining model. In this paper we use micro-data from Taipei, Taiwan to determine which approach is most appropriate for studying housing mobility decisions. We compare the mobility decisions of nuclear and different types of extended family households to test whether the social and economic roles of different generations affect the household decision process, as is consistent with the bargaining approach. In doing so, we analyze household mobility with a richer description of household structure than is found in the current literature, which implicitly treats households as either a nuclear family or some smaller unit. Our results support the bargaining model of household decision making. Conditional probabilities differ between nuclear and extended families, when a member of the eldest generation in an extended household is the household head, and when a member of the eldest generation contributes to household earnings.
Determinants And Consequences Of Bargaining Power In Households
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Author : Leora Friedberg
language : en
Publisher:
Release Date : 2006
Determinants And Consequences Of Bargaining Power In Households written by Leora Friedberg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Families categories.
"A growing literature offers indirect evidence that the distribution of bargaining power within a household influences decisions made by the household. The indirect evidence links household outcomes to variables that are assumed to influence the distribution of power within the household. In this paper, we have data on whether a husband or wife in the Health and Retirement Study "has the final say" when making major decisions in a household. We use this variable to analyze determinants and some consequences of bargaining power. Our analysis overcomes endogeneity problems arising in many earlier studies and constitutes a missing link confirming the importance of household bargaining models. We find that decision-making power depends on plausible individual variables and also influences important household outcomes, with the second set of results much stronger than the first set. Current and lifetime earnings have significant but moderate effects on decision-making power. On the other hand, decision-making power has important effects on financial decisions like stock market investment and total wealth accumulation and may help explain, for example, the relatively high poverty rate among widows"--National Bureau of Economic Research web site.
Spousal Employment And Intra Household Bargaining Power
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Author : Francisca Antman
language : en
Publisher:
Release Date : 2014
Spousal Employment And Intra Household Bargaining Power written by Francisca Antman 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.
This paper considers the relationship between work status and decision-making power of the head of household and his spouse. I use household fixed effects models to address the possibility that spousal work status may be correlated with unobserved factors that also affect bargaining power within the home. Consistent with the hypothesis that greater economic resources yield greater bargaining power, I find that the spouse of the head of household is more likely to be involved in decisions when she has been employed. Similarly, the head of household is less likely to be the sole decision-maker when his spouse works.
Is It Money Or Brains The Determinants Of Intra Family Decision Power
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Author : Graziella Bertocchi
language : en
Publisher:
Release Date : 2012
Is It Money Or Brains The Determinants Of Intra Family Decision Power written by Graziella Bertocchi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Families categories.
Culture And Household Decision Making
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Author : Sonia Oreffice
language : en
Publisher:
Release Date : 2014
Culture And Household Decision Making written by Sonia Oreffice 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.
This study investigates how spouses' cultural backgrounds mediate the role of intra-household bargaining in the labor supply decisions of foreign-born and US-born couples, in a collective-household framework. Using data from the 2000 US Census, I show that the hours worked by US-born couples, and by those foreign-born coming from countries with gender roles similar to the US, are significantly related to common bargaining power forces such as differences between spouses in age and non-labor income, controlling for both spouses' demographic and socioeconomic characteristics. Households whose culture of origin supports strict and unequal gender roles do not exhibit any association of these power factors with their labor supply decisions. This cultural asymmetry suggests that spousal attributes are assessed differently across couples within the US, and that how spouses make use of their outside opportunities and economic and institutional environment may depend on their ethnicities.
Bargaining Over Time Allocation
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Author : Miriam Beblo
language : en
Publisher: Springer Science & Business Media
Release Date : 2001-04-24
Bargaining Over Time Allocation written by Miriam Beblo 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 2001-04-24 with Business & Economics categories.
In this book, time use behavior within households is modeled as the outcome of a bargaining process between family members who bargain over household resource allocation and the intrafamily distribution of welfare. In view of trends such as rising female employment along with falling fertility rates and increasing divorce rates, a strategic aspect of female employment is analyzed in a dynamic family bargaining framework. The division of housework between spouses and the observed leisure differential between women and men are investigated within non-cooperative bargaining settings. The models developed are tested empirically using data from the German Socio-Economic Panel and the German Time Budget Survey.
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.
Gender And Economics
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Author : Geske Dijkstra
language : en
Publisher: Routledge
Release Date : 2013-10-11
Gender And Economics written by Geske Dijkstra and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-11 with Business & Economics categories.
Gender and Economics: A European Perspective provides an introduction to gender studies in economics. This is a rapidly expanding field in which textbooks are urgently necessary. The contributors give comprehensive coverage of the economic situation of women throughout Europe. The authors approach the subject at three different levels. * The economic theory of gender and economics * The different positions of men and women in the economy, their earning power and the division of labour within the family * European policy and law, and how this is evolving. Giving a unique balance of theoretical and empirical data this book will be of great use to students of Labour Economics. It will also provide a wider view for all students of micro and macro economics.