Family ties and labor supply

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1. Verfasser: Antonia Díaz
Format: Artículo científico
Sprache:en
Veröffentlicht: Fundación SEPI 2005
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author Antonia Díaz
author_facet Antonia Díaz
contents Family ties and labor supply Antonia Díaz M. Dolores Economía y Finanzas Family ties labor supply search effort household formation We develop a theoretical model of the household where family ties impose adistortion on the job search incentives of unemployed members and on theyoung adults’ decision of leaving the parental house. We find that the searchefforts of unemployed family members are strategic substitutes, the youngadult leaves the parental house only if his market wage is suffciently high,and a low wage for the young implies that the mother’s and the young adult’ssearch efforts are low and, as a result, their probabilities of unemploymentare high. The presence of a household good is crucial for these result. Themodel predictions are roughly consistent with the Spanish evidence. 2005 artículo científico 0210-1521 https://www.redalyc.org/articulo.oa?id=17329203 en http://www.redalyc.org/revista.oa?id=173 Investigaciones Económicas application/pdf Fundación SEPI Investigaciones Económicas (España) Num.2 Vol.XXIX
format Artículo científico
id redalyc_17329203
institution Redalyc
language en
publishDate 2005
publisher Fundación SEPI
spellingShingle Family ties and labor supply
Antonia Díaz
Economía y Finanzas
Family ties
labor supply
search effort
household formation
Family ties and labor supply Antonia Díaz M. Dolores Economía y Finanzas Family ties labor supply search effort household formation We develop a theoretical model of the household where family ties impose adistortion on the job search incentives of unemployed members and on theyoung adults’ decision of leaving the parental house. We find that the searchefforts of unemployed family members are strategic substitutes, the youngadult leaves the parental house only if his market wage is suffciently high,and a low wage for the young implies that the mother’s and the young adult’ssearch efforts are low and, as a result, their probabilities of unemploymentare high. The presence of a household good is crucial for these result. Themodel predictions are roughly consistent with the Spanish evidence. 2005 artículo científico 0210-1521 https://www.redalyc.org/articulo.oa?id=17329203 en http://www.redalyc.org/revista.oa?id=173 Investigaciones Económicas application/pdf Fundación SEPI Investigaciones Económicas (España) Num.2 Vol.XXIX
title Family ties and labor supply
topic Economía y Finanzas
Family ties
labor supply
search effort
household formation
url https://www.redalyc.org/articulo.oa?id=17329203