Labor Supply and Marriage Markets: A Simple Graphic Analysis with Household Public Goods

Author(s):  
Shoshana Grossbard
2015 ◽  
Vol 53 (4) ◽  
pp. 1031-1033

Patricia Apps of University of Sydney reviews “The Marriage Motive: A Price Theory of Marriage: How Marriage Markets Affect Employment, Consumption, and Savings”, by Shoshana Grossbard. The Econlit abstract of this book begins: “Uses price theory to analyze how economic outcomes (such as employment, other time uses, consumption, and savings) are related to marriage markets. Discusses a theory of allocation of time in markets for labor and marriage—macromodel; a theory of allocation of time in markets for labor and marriage—multiple markets for work-in-household; how marriage markets affect allocation and valuation of time implications from a macro model; compensating differentials in marriage markets and more new implications for labor supply based on a Marshallian marriage market analysis; revisiting labor supply effects of sex ratio, income, and wage—effects of marriage-related laws; labor supply, household production, and common law marriage legislation; labor supply and marriage markets—a simple graphic analysis with household public goods; household production and racial intermarriage; a consumption theory with competitive markets for work-in-household; and savings, marriage, and work-in-household. Grossbard doesn't have a current affiliation.”


Author(s):  
Shoshana Grossbard

This chapter reviews models of marriage, with special emphasis on how the sex ratio can help explain outcomes such as marriage formation, the intramarriage distribution of consumption goods, labor supply, savings, type of relationship, divorce, and intermarriage. Economic models of marriage pioneered by Gary Becker are reviewed in the first section and then extended in the next section to incorporate the labor market for the work-in-household approach of Grossbard. The following section discusses challenges in identifying exogenous variation in sex ratios and presents empirical evidence on the impact of sex ratios on labor supply, consumption, savings, and several other outcomes.


2004 ◽  
Vol 18 (4) ◽  
pp. 159-175 ◽  
Author(s):  
Louis Kaplow

Should the assessment of government policies, such as the provision of public goods and the control of externalities, deviate from first-best principles to account for distributive effects and the distortionary cost of labor income taxation? For example, is the optimal extent of public goods provision smaller than indicated by the Samuelson rule because finance is distortionary? Or should environmental regulations fail to internalize externalities fully if the incidence of the regulations is regressive? It is suggested that these questions are best addressed by considering distribution-neutral implementation, in which budget balance is achieved by choosing an adjustment to the income tax that offsets the distributive impact of the policy in question. In basic cases, both distribution and labor supply distortion are moot because the target policy and the tax adjustment produce offsetting effects on each. Thus, traditional first-best principles provide good benchmarks for policy analysis after all. Moreover, even when actual implementation will not be distribution neutral in aggregate, distribution-neutral policy analysis has many conceptual and practical virtues that render it quite useful to investigators.


VASA ◽  
2010 ◽  
Vol 39 (1) ◽  
pp. 85-93 ◽  
Author(s):  
Schubert

The subclavian steal effect indicates atherosclerotic disease of the supraaortic vessels but rarely causes cerebrovascular events in itself. Noninvasive imaging providing detailed anatomic as well as hemodynamic information would therefore be desirable. From a group of 25 consecutive patients referred for MR angiography, four with absent or highly attenuated signal in one of the vertebral arteries on 3D multislab time-of-flight MR angiography were selected to undergo 3D time-resolved contrast-enhanced MR angiography. The time-resolved 3D contrast series (source images and MIPs) were evaluated visually and by graphic analysis of time-intensity curves derived from the respective V1 and V3 segments of both vertebral arteries on the source images. In two cases with high-grade proximal left subclavian stenosis, time-resolved 3D ce-MRA was able to visualise retrograde contrast filling of the left VA. There was a marked delay in time-to-peak between the left and right V1 segments in one case and a shallower slope of enhancement in another. In the other two cases, there was complete or collateralised segmental occlusion of the VAs.


Sign in / Sign up

Export Citation Format

Share Document