scholarly journals Collective Labor Supply and Household Production

1997 ◽  
Vol 105 (1) ◽  
pp. 178-190 ◽  
Author(s):  
Patricia F. Apps ◽  
Ray Rees
Keyword(s):  
Labor Supply ◽  
Household Production

Book Reviews

2015 ◽  
Vol 53 (4) ◽  
pp. 1031-1033
Keyword(s):  
Labor Supply ◽  
Marriage Market ◽  
Household Production ◽  
Marriage Markets ◽  
Price Theory ◽  
Multiple Markets ◽  
Graphic Analysis ◽  
Wage Effects ◽  
Allocation Of Time ◽  
Consumption Theory

Patricia Apps of University of Sydney reviews “The Marriage Motive: A Price Theory of Marriage: How Marriage Markets Affect Employment, Consumption, and Savings”, by Shoshana Grossbard. The Econlit abstract of this book begins: “Uses price theory to analyze how economic outcomes (such as employment, other time uses, consumption, and savings) are related to marriage markets. Discusses a theory of allocation of time in markets for labor and marriage—macromodel; a theory of allocation of time in markets for labor and marriage—multiple markets for work-in-household; how marriage markets affect allocation and valuation of time implications from a macro model; compensating differentials in marriage markets and more new implications for labor supply based on a Marshallian marriage market analysis; revisiting labor supply effects of sex ratio, income, and wage—effects of marriage-related laws; labor supply, household production, and common law marriage legislation; labor supply and marriage markets—a simple graphic analysis with household public goods; household production and racial intermarriage; a consumption theory with competitive markets for work-in-household; and savings, marriage, and work-in-household. Grossbard doesn't have a current affiliation.”

scholarly journals Married with Children: A Collective Labor Supply Model with Detailed Time Use and Intrahousehold Expenditure Information

2012 ◽  
Vol 102 (7) ◽  
pp. 3377-3405 ◽  
Author(s):  
Laurens Cherchye ◽  
Bram De Rock ◽  
Frederic Vermeulen
Keyword(s):  
Labor Supply ◽  
Time Use ◽  
Private Consumption ◽  
Household Production ◽  
Collective Model ◽  
Two Stage ◽  
Estimation Strategy ◽  
Unique Data ◽  
Supply Model

We propose a collective labor supply model with household production that generalizes a model of Blundell, Chiappori, and Meghir (2005). Adults' preferences depend not only on own leisure and individual private consumption of market goods. They also depend on the consumption of domestic goods, which are produced by combining market goods with individuals' time. A new identification result, which uses production shifters, is developed. We apply our model to unique data on Dutch couples with children. Our application uses a novel estimation strategy that builds upon the familiar two-stage allocation representation of the collective model. (JEL D12, J12, J22)

Implications of higher retirement age for the labor market

2017 ◽  
pp. 22-39 ◽  
Author(s):  
M. Ivanova ◽  
A. Balaev ◽  
E. Gurvich
Keyword(s):  
Economic Growth ◽  
Labor Market ◽  
Labor Supply ◽  
Labor Force ◽  
Labor Demand ◽  
Retirement Age ◽  
Demographic Trends ◽  
Men And Women ◽  
Demographic Projections ◽  
The Impact

The paper considers the impact of the increase in retirement age on labor supply and economic growth. Combining own estimates of labor participation and demographic projections by the Rosstat, the authors predict marked fall in the labor force (by 5.6 million persons over 2016-2030). Labor demand is also going down but to a lesser degree. If vigorous measures are not implemented, the labor force shortage will reach 6% of the labor force by the period end, thus restraining economic growth. Even rapid and ambitious increase in the retirement age (by 1 year each year to 65 years for both men and women) can only partially mitigate the adverse consequences of demographic trends.

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