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Author:Donni, O.
Title:Labor supply, home production, and welfare comparisons
Journal:Journal of Public Economics
2008 : JUL, VOL.92:7, p. 1720-1737
Index terms:labour supply
welfare
household economics
models
Language:eng
Abstract:This study provides a collective model of labour supply with marketable domestic production. It is shown that, if domestic production is mistakenly ignored, the 'collective' indirect utility functions retrieved from observed behaviour will be unbiased under certain conditions. In addition, it is also shown that, even if domestic labour supply functions are not observed, valid welfare comparisons are possible etc.
SCIMA record nr: 268804
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