Family ties and labor supply
We develop a theoretical model of the household where family ties impose a distortion on the job search incentives of unemployed members and on the young adults’ decision of leaving the parental house. We find that the search efforts of unemployed family members are strategic substitutes, the young adult leaves the parental house only if his market wage is sufficiently high, and a low wage for the young implies that the mother’s and the young adult’s search efforts are low and, as a result, their probabilities of unemployment are high. The presence of a household good is crucial for these results. The model predictions are roughly consistent with the Spanish evidence. (Copyright: Fundación SEPI)
Volume (Year): 29 (2005)
Issue (Month): 2 (May)
|Contact details of provider:|| Postal: Investigaciones Economicas Fundación SEPI Quintana, 2 (planta 3) 28008 Madrid Spain|
Web page: http://www.fundacionsepi.es/
|Order Information:|| Web: http://www.fundacionsepi.es/investigacion/revistas/presentacion.asp Email: |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Maite Martínez-Granado & Javier Ruiz-Castillo, 2002.
"The decisions of Spanish youth: A cross-section study,"
Journal of Population Economics,
Springer;European Society for Population Economics, vol. 15(2), pages 305-330.
- Maite Martínez & J. Ruiz Castillo, "undated". "The decisions of Spanish youth: A cross-section study," Studies on the Spanish Economy 14, FEDEA.
- Shinichi Nishiyama, 2002. "Bequests, Inter Vivos Transfers, and Wealth Distribution," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(4), pages 892-931, October.
- Apps, Patricia F & Rees, Ray, 1997. "Collective Labor Supply and Household Production," Journal of Political Economy, University of Chicago Press, vol. 105(1), pages 178-190, February.
- McElroy, Marjorie B, 1985. "The Joint Determination of Household Membership and Market Work: The Case of Young Men," Journal of Labor Economics, University of Chicago Press, vol. 3(3), pages 293-316, July.
- Olga CantÛ-S·nchez & Magda Mercader-Prats, "undated". "Poverty among children and youth in Spain: The role of parents and youth employment status," Studies on the Spanish Economy 46, FEDEA.
- Gianna Claudia Giannelli & Chiara Monfardini, 2003.
"Joint decisions on household membership and human capital accumulation of youths. The role of expected earnings and local markets,"
Journal of Population Economics,
Springer;European Society for Population Economics, vol. 16(2), pages 265-285, May.
- Giannelli, Gianna Claudia & Monfardini, Chiara, 2000. "Joint Decisions on Household Membership and Human Capital Accumulation of Youths - The role of expected earnings and local markets," IZA Discussion Papers 191, Institute for the Study of Labor (IZA).
- Gianna Claudia Giannelli & Chiara Monfardini, 2001. "JOINT DECISIONS ON HOUSEHOLD MEMBERSHIP AND HUMAN CAPITAL ACCUMULATION OF YOUTHS The role of expected earnings and local markets," CHILD Working Papers wp02_01, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.
- Chiappori, Pierre-Andre, 1992. "Collective Labor Supply and Welfare," Journal of Political Economy, University of Chicago Press, vol. 100(3), pages 437-467, June.
- Chiappori, Pierre-André & Fortin, Bernard & Lacroix, Guy, 1998. "Household Labor Supply, Sharing Rule and the Marriage Market," Cahiers de recherche 9810, Université Laval - Département d'économique.
- Namkee Ahn & Arantza Ugidos, 1996. "The effects of the labor market situation of parents on children: inheritance of unemployment," Investigaciones Economicas, Fundación SEPI, vol. 20(1), pages 23-41, January. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:iec:inveco:v:29:y:2005:i:2:p:289-329. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Isabel Sánchez-Seco)
If references are entirely missing, you can add them using this form.