Journal ArticleDOI
Why are Married Men Working So Much? An Aggregate Analysis of Intra-Household Bargaining and Labour Supply
TLDR
In this paper, a model of marital bargaining in which time allocations are determined jointly with equilibrium marriage and divorce rates was developed and calibrated to US time-use survey data, and the results suggest that bargaining effects raised married men's labor supply by about 2.1 weekly hours over the period, and reduced that of married women by 2.7 hours.Abstract:
Are macro-economists mistaken in ignoring bargaining between spouses? This paper argues that models of intra-household allocation could be useful for understanding aggregate labor supply trends in the US since the 1970s. A simple calculation suggests that the standard model without bargaining predicts a 19% decline in married-male labor supply in response to the narrowing of the gender gap in wages since the 1970s. However married-men's paid labor remained stationary over the period from the mid 1970s to the recession of 2001. This paper develops and calibrates to US time-use survey data a model of marital bargaining in which time allocations are determined jointly with equilibrium marriage and divorce rates. The results suggest that bargaining effects raised married men's labor supply by about 2.1 weekly hours over the period, and reduced that of married women by 2.7 hours. Bargaining therefore has a relatively small impact on aggregate labor supply, but is critical for trends in female labor supply. Also, the narrowing of the gender wage gap is found to account for a weekly 1.5 hour increase in aggregate labor supply.read more
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Posted Content
Why are married women working so much
TL;DR: In this article, the effects of changes in the gender wage gap, technological improvements in the production of nonmarket goods and potential inferiority of these goods on understanding the change in labor supply by married women in the United States over 1950-1990 were investigated.
Journal ArticleDOI
Yours, Mine, and Ours: Do Divorce Laws Affect the Intertemporal Behavior of Married Couples?
TL;DR: In this paper, a model of household choice about consumption, labor supply and divorce under multiple divorce law regimes was built using exogenous variation in U.S. divorce laws from the 1970s to the 1990s.
Book ChapterDOI
Families in Macroeconomics
Matthias Doepke,Michèle Tertilt +1 more
TL;DR: The authors argue that family economics should be an integral part of macroeconomics, and that accounting for the family leads to new answers to classic macro questions such as savings, education, and labor supply.
Journal ArticleDOI
Technology and the Changing Family: A Unified Model of Marriage, Divorce, Educational Attainment and Married Female Labor-Force Participation
TL;DR: In this paper, a model of marriage, divorce, educational attainment and married female laborforce participation is developed and estimated to the postwar U.S. data, with the drop being bigger for non-college educated individuals versus college educated ones.
Journal ArticleDOI
Divorce Risk, Wages and Working Wives: A Quantitative Life-Cycle Analysis of Female Labour Force Participation
Raquel Fernandez,Joyce Wong +1 more
TL;DR: In this paper, the authors developed a quantitative life-cycle model to study the increase in married women's labour force participation (LFP) and found that a higher divorce probability and changes in wage structure are each able to explain a large proportion of the LFP increase.
References
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Journal ArticleDOI
Nash-bargained household decisions: toward a generalization of the theory of demand
Journal Article
National Bureau of Economic Research, Inc.
Journal ArticleDOI
Measuring Trends in Leisure: The Allocation of Time Over Five Decades
TL;DR: In this article, the authors use five decades of time-use surveys to document trends in the allocation of time and find that a dramatic increase in leisure time lies behind the relatively stable number of market hours worked (per working-age adult) between 1965 and 2003.
Journal ArticleDOI
Swimming Upstream: Trends in the Gender Wage Differential in the 1980s
TL;DR: In this paper, the authors analyze how a falling gender wage gap occurred despite changes in wage structure unfavorable to low-wage workers, and find support for the notion of a gender twist in supply and demand having its largest negative effect on high-skilled women.
ReportDOI
Why Do Americans Work So Much More Than Europeans
TL;DR: This paper examined the role of taxes in accounting for the differences in labor supply across time and across countries; in particular, the effective marginal tax rate on labor income, which accounts for the predominance of differences at points in time and the large change in relative labor supply over time.
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