| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13554 |
| DP13554 Inferring Inequality with Home Production | |
| Job Boerma; Loukas Karabarbounis | |
| 发表日期 | 2019-02-27 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We revisit the causes, welfare consequences, and policy implications of the dispersion in households' labor market outcomes using a model with uninsurable risk, incomplete asset markets, and home production. Allowing households to be heterogeneous in both their disutility of home work and their home production efficiency, we find that home production amplifies welfare-based differences meaning that inequality in standards of living is larger than we thought. We infer significant home production efficiency differences across households because hours working at home do not covary with consumption and wages in the cross section of households. Heterogeneity in home production efficiency is essential for inequality, as home production would not amplify inequality if differences at home only reflected heterogeneity in disutility of work. |
| 主题 | Labour Economics ; Macroeconomics and Growth |
| 关键词 | Home production Labor supply Consumption Inequality |
| URL | https://cepr.org/publications/dp13554-1 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542408 |
| 推荐引用方式 GB/T 7714 | Job Boerma,Loukas Karabarbounis. DP13554 Inferring Inequality with Home Production. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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