scholarly journals How Much Consumption Insurance in Bewley Models with Endogenous Family Labor Supply?

2018 ◽  
Author(s):  
Chunzan Wu ◽  
Dirk Krueger
Keyword(s):  
Labor Supply ◽  
Family Labor ◽  
Consumption Insurance

scholarly journals Disability Benefits, Consumption Insurance, and Household Labor Supply

2019 ◽  
Vol 109 (7) ◽  
pp. 2613-2654 ◽  
Author(s):  
David Autor ◽  
Andreas Kostøl ◽  
Magne Mogstad ◽  
Bradley Setzler
Keyword(s):  
Willingness To Pay ◽  
Labor Supply ◽  
Instrumental Variables ◽  
Revealed Preferences ◽  
Net Income ◽  
Family Labor ◽  
Consumption Insurance ◽  
Welfare Implications ◽  
Spousal Labor ◽  
Instrumental Variables Approach

There is no evaluation of the consequences of Disability Insurance (DI) receipt that captures the effects on households’ net income and consumption expenditure, family labor supply, or benefits from other programs. Combining detailed register data from Norway with an instrumental variables approach based on random assignment to appellant judges, we comprehensively assess how DI receipt affects these understudied outcomes. To consider the welfare implications of the findings from this instrumental variables approach, we estimate a dynamic model of household behavior that translates employment, reapplication, and savings decisions into revealed preferences for leisure and consumption. The model-based results suggest that on average, the willingness to pay for DI receipt is positive and sizable. Because spousal labor supply strongly buffers the household income and consumption effects of DI allowances, the estimated willingness to pay for DI receipt is smaller for married than single applicants. (JEL D12, D14, H55, I38, J14, J22)

scholarly journals Disability Benefits, Consumption Insurance, and Household Labor Supply

2017 ◽  
Author(s):  
David Autor ◽  
Andreas Ravndal Kostol ◽  
Magne Mogstad ◽  
Bradley Setzler
Keyword(s):  
Labor Supply ◽  
Household Labor ◽  
Disability Benefits ◽  
Household Labor Supply ◽  
Consumption Insurance

The effects of social security in a life cycle family labor supply simulation model

1991 ◽  
Vol 46 (2) ◽  
pp. 199-226 ◽  
Author(s):  
Ben Craig ◽  
Raymond G. Batina
Keyword(s):  
Life Cycle ◽  
Social Security ◽  
Labor Supply ◽  
Simulation Model ◽  
Family Labor

scholarly journals Family Labor Supply Responses to Severe Health Shocks

2015 ◽  
Author(s):  
Itzik Fadlon ◽  
Torben Heien Nielsen
Keyword(s):  
Labor Supply ◽  
Health Shocks ◽  
Family Labor

Family Labor Supply Responses to Severe Health Shocks: Evidence from Danish Administrative Records

2021 ◽  
Vol 13 (3) ◽  
pp. 1-30
Author(s):  
Itzik Fadlon ◽  
Torben Heien Nielsen
Keyword(s):  
Labor Supply ◽  
Insurance Coverage ◽  
Driving Mechanism ◽  
Health Shocks ◽  
Family Labor ◽  
Administrative Records ◽  
The Family ◽  
Short Run ◽  
Spousal Labor ◽  
New Evidence

We provide new evidence on households’ labor supply responses to fatal and severe nonfatal health shocks in the short run and medium run. To identify causal effects, we leverage administrative data on Danish families and construct counterfactuals using households that experience the same event a few years apart. Fatal events lead to considerable increases in surviving spouses’ labor supply, which the evidence suggests is driven by families who experience significant income losses. Nonfatal shocks have no meaningful effects on spousal labor supply, consistent with their adequate insurance coverage. The results support self-insurance as a driving mechanism for the family labor supply responses. (JEL D12, D15, G22, I12, J22)

Are Children and Parents Substitutes or Complements in the Family Labor Supply Decision in Bangladesh?

2006 ◽  
Vol 40 (1) ◽  
pp. 15-37 ◽  
Author(s):  
Shahina Amin ◽  
Shakil. Quayes ◽  
Janet M. Rives
Keyword(s):  
Labor Supply ◽  
Family Labor ◽  
Children And Parents ◽  
The Family ◽  
Labor Supply Decision

scholarly journals Optimal Taxation, Marriage, Home Production, and Family Labor Supply

Econometrica ◽  
2019 ◽  
Vol 87 (1) ◽  
pp. 291-326 ◽  
Author(s):  
George-Levi Gayle ◽  
Andrew Shephard
Keyword(s):  
Labor Supply ◽  
Optimal Taxation ◽  
Home Production ◽  
Family Labor

scholarly journals Structural Models of Family Labor Supply: A Discrete Choice Approach

1995 ◽  
Vol 30 (1) ◽  
pp. 63 ◽  
Author(s):  
Arthur van Soest
Keyword(s):  
Labor Supply ◽  
Discrete Choice ◽  
Structural Models ◽  
Family Labor ◽  
Choice Approach
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