The Resource Essays on household decision, Maria Gustafsson
Essays on household decision, Maria Gustafsson
Resource Information
The item Essays on household decision, Maria Gustafsson represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in European University Institute.This item is available to borrow from 1 library branch.
Resource Information
The item Essays on household decision, Maria Gustafsson represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in European University Institute.
This item is available to borrow from 1 library branch.
- Summary
- This thesis considers the fact that the majority of households consists of two adults whose characteristics and preferences matter for the households' decisions. The rst chapter studies how an increase in the generosity of maternity leave payments a ects parental labor supply, early child development, and the relative well-being of the parents considering that parents may have di erent preferences over outcomes and that the policy change may a ect the parental bargaining positions. I develop and estimate a static cooperative Nash bargaining model of parental decision-making in the rst period of the child's life and use the model to investigate how the decision-making changes with an increase in the leave payments. The results indicate that mothers will spend more time at home rather than in the labor market when the leave payments increase, but that the average early child development is not much a ected. Furthermore, the policy shifts the bargaining positions within the household in favor of the father and, although both parents are better o from the policy change, the mother would be better o relative to the father without the increase in maternity leave payments. In the second chapter we look closer at how the insurance value of marriage, represented by the correlation of shocks to individual incomes, varies over di erent groups in the popu- lation. We nd that this value may be lower for more recent cohorts, and decrease with age and with higher education. The third chapter builds on the second. We investigate the importance of intra-household risk-sharing through labor supply by testing the following prediction: A higher correlation of income shocks within the household implies a lower ability to insure income through spousal labor supply and should, all else equal, lead to higher asset accumulation of the house- hold. Our results indicate that this prediction holds empirically, suggesting that households perceive spousal labor supply as an important income insurance
- Language
- eng
- Extent
- v, 104 pages
- Note
- Examining Board: Professor Jérôme Adda, EUI, Supervisor; Professor Arpad Abraham, EUI; Professor Frederic Vermeulen, University of Leuven; Professor Thomas Crossley, University of Essex
- Label
- Essays on household decision
- Title
- Essays on household decision
- Statement of responsibility
- Maria Gustafsson
- Language
- eng
- Summary
- This thesis considers the fact that the majority of households consists of two adults whose characteristics and preferences matter for the households' decisions. The rst chapter studies how an increase in the generosity of maternity leave payments a ects parental labor supply, early child development, and the relative well-being of the parents considering that parents may have di erent preferences over outcomes and that the policy change may a ect the parental bargaining positions. I develop and estimate a static cooperative Nash bargaining model of parental decision-making in the rst period of the child's life and use the model to investigate how the decision-making changes with an increase in the leave payments. The results indicate that mothers will spend more time at home rather than in the labor market when the leave payments increase, but that the average early child development is not much a ected. Furthermore, the policy shifts the bargaining positions within the household in favor of the father and, although both parents are better o from the policy change, the mother would be better o relative to the father without the increase in maternity leave payments. In the second chapter we look closer at how the insurance value of marriage, represented by the correlation of shocks to individual incomes, varies over di erent groups in the popu- lation. We nd that this value may be lower for more recent cohorts, and decrease with age and with higher education. The third chapter builds on the second. We investigate the importance of intra-household risk-sharing through labor supply by testing the following prediction: A higher correlation of income shocks within the household implies a lower ability to insure income through spousal labor supply and should, all else equal, lead to higher asset accumulation of the house- hold. Our results indicate that this prediction holds empirically, suggesting that households perceive spousal labor supply as an important income insurance
- Cataloging source
- IT-FiEUI
- http://library.link/vocab/creatorName
- Gustafsson, Maria
- Date time place
- Defence date: 2 July 2014
- Dissertation note
- Thesis (Ph. D.)--European University Institute (ECO), 2014.
- Index
- no index present
- Literary form
- non fiction
- Nature of contents
- theses
- http://library.link/vocab/relatedWorkOrContributorName
- European University Institute
- Series statement
-
- EUI PhD theses
- EUI theses
- http://library.link/vocab/subjectName
-
- Households
- Families
- Label
- Essays on household decision, Maria Gustafsson
- Note
- Examining Board: Professor Jérôme Adda, EUI, Supervisor; Professor Arpad Abraham, EUI; Professor Frederic Vermeulen, University of Leuven; Professor Thomas Crossley, University of Essex
- Bibliography note
- Includes bibliographical references (pages 102-104)
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier.
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent.
- Control code
- FIEb17565613
- Dimensions
- 30 cm.
- Extent
- v, 104 pages
- Media category
- unmediated
- Media MARC source
- rdamedia.
- Media type code
-
- n
- System control number
- (OCoLC)914478375
- Label
- Essays on household decision, Maria Gustafsson
- Note
- Examining Board: Professor Jérôme Adda, EUI, Supervisor; Professor Arpad Abraham, EUI; Professor Frederic Vermeulen, University of Leuven; Professor Thomas Crossley, University of Essex
- Bibliography note
- Includes bibliographical references (pages 102-104)
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier.
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent.
- Control code
- FIEb17565613
- Dimensions
- 30 cm.
- Extent
- v, 104 pages
- Media category
- unmediated
- Media MARC source
- rdamedia.
- Media type code
-
- n
- System control number
- (OCoLC)914478375
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.eui.eu/portal/Essays-on-household-decision-Maria/Z7-1OChHWLM/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.eui.eu/portal/Essays-on-household-decision-Maria/Z7-1OChHWLM/">Essays on household decision, Maria Gustafsson</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.eui.eu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.eui.eu/">European University Institute</a></span></span></span></span></div>