G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13554
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. Accounting for home production amplifies welfare-based differences across households meaning that inequality in standards of living is larger than we thought. Home production does not offset differences that originate in the market sector because hours working at home do not covary with consumption and wages in the cross section of households and there are significant production efficiency differences in the home sector. The optimal tax system should feature more progressivity taking into account home production.
主题Labour Economics ; Macroeconomics and Growth
关键词Home production Labor supply Consumption Inequality
URLhttps://cepr.org/publications/dp13554-0
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/542409
推荐引用方式
GB/T 7714
Job Boerma,Loukas Karabarbounis. DP13554 Inferring Inequality with Home Production. 2019.
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