|
EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/20810
|
| | |
| Title: | | Labor Supply, Home Production and Welfare Comparisons  |
| Authors: | | Donni, Olivier |
| Issue Date: | | 2005 |
| Series/Report no.: | | IZA Discussion paper series 1511 |
| Abstract: | | We consider the collective model of labor supply with marketable domestic production. We first show that, if domestic production is mistakenly ignored, the ?collective? indirect utilities that are retrieved from observed behavior will be unbiased if and only if the profit function is additive. Otherwise, in the non-additive case, the direction and the size of the bias will depend on the complementarity/substitutability of spouses? time inputs in the production process. We then show that, even if domestic labor supplies are not observed, valid welfare comparisons are possible. This identification result generalizes that in Chiappori (1992). |
| Subjects: | | household collective model labor supply home production welfare analysis identification |
| JEL: | | J22 D13 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/20810
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|