Collective labor supply and household production
Collective labor supply and household production
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DOI:
10.1086/262070
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发表时间:
1997-02-01
影响因子:
8.2
通讯作者:
Rees, R
中科院分区:
文献类型:
--
作者:
Apps, PF;Rees, R
In a recent paper, Chiappori (1992) extends and interprets his important earlier work (Chiappori 1988) on the" collective model" of household labor supply. The household is modeled as a pair of individuals with distinct utility functions, who arrive at a Pareto-efficient allocation of individual consumptions and labor supplies given the market wage rates they face. He shows that the household's decisions can be modeled as though the individuals first shared their combined nonwage income and then maximized their individual utilities subject to separate budget constraints. He then uses this approach to show that the model yields testable restrictions on individual labor supplies, that estimation of individual labor supply (or, equivalently, leisure demand) functions is sufficient to allow recovery of the partial derivatives of the sharing rule, and that standard tools of welfare analysis can be used to investigate such issues as, for example, the effects of tax changes on individual welfares. We very much share Chiappori's belief in the importance of retaining the individual as the unit of analysis of household decisions.