{"title":"Intertemporal elasticity of substitution with leisure margin","authors":"Takeshi Yagihashi, Juan Du","doi":"10.1007/s11150-022-09639-1","DOIUrl":"https://doi.org/10.1007/s11150-022-09639-1","url":null,"abstract":"This paper investigates households’ consumption smoothing behavior by estimating the intertemporal elasticity of substitution of consumption (IES) while allowing labor/leisure to vary. To this end, we adopt a utility specification that allows non-separability between consumption and leisure. Using this specification, we define a leisure margin as the gap between the IES that allows leisure to vary and the IES that keeps leisure constant. We find a positive and statistically significant leisure margin throughout the paper. In addition, the leisure margin becomes larger when the spouse’s leisure is taken into consideration. This result indicates that family labor supply plays an important role in households’ consumption decisions. We further explore the heterogeneous nature of nonmarket time, and show that consumption-leisure substitutability could be explained largely by home production. Our findings demonstrate the importance of time allocation when individuals make decisions on consumption and saving.","PeriodicalId":47111,"journal":{"name":"Review of Economics of the Household","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135604713","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Do fathers have son preference in the United States? Evidence from paternal subjective well-being","authors":"Younghwan Song, Jia Gao","doi":"10.1007/s11150-022-09640-8","DOIUrl":"https://doi.org/10.1007/s11150-022-09640-8","url":null,"abstract":"","PeriodicalId":47111,"journal":{"name":"Review of Economics of the Household","volume":"1 1","pages":"1-35"},"PeriodicalIF":5.1,"publicationDate":"2023-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44027006","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Isaac Koomson, Raymond Elikplim Kofinti, E. Laryea
{"title":"Financial inclusion and multidimensional child poverty","authors":"Isaac Koomson, Raymond Elikplim Kofinti, E. Laryea","doi":"10.2139/ssrn.4318257","DOIUrl":"https://doi.org/10.2139/ssrn.4318257","url":null,"abstract":"Despite the concerted efforts being made at the global, regional, and national levels to reduce child poverty, children in resource-poor countries continue to experience deprivations in multidimensional forms. This study examines the link between parental financial inclusion and multidimensional child poverty using a nationally representative living standards data from Ghana—a nation with documentative evidence of high incidence of multidimensional child poverty. Employing different variants of the propensity score matching technique and multidimensional constructs of financial inclusion and child poverty, our overall finding indicates that financial inclusion decreases multidimensional child poverty. This outcome is consistent across different cut-offs used in measuring multidimensional child poverty and alternative propensity score matching methods. We also find that financial inclusion reduces child poverty more for male and rural-located children. Relatively, financial inclusion has the biggest effect in reducing children’s deprivations in living conditions, followed by their health- and education-related deprivations respectively. Household income per capita and durable asset accumulation serve as potential pathways through which financial inclusion transmits to multidimensional child poverty.","PeriodicalId":47111,"journal":{"name":"Review of Economics of the Household","volume":"1 1","pages":"1-24"},"PeriodicalIF":5.1,"publicationDate":"2023-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41872070","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Isaac Koomson, Raymond Elikplim Kofinti, Esther Laryea
{"title":"Financial inclusion and multidimensional child poverty","authors":"Isaac Koomson, Raymond Elikplim Kofinti, Esther Laryea","doi":"10.1007/s11150-022-09641-7","DOIUrl":"https://doi.org/10.1007/s11150-022-09641-7","url":null,"abstract":"","PeriodicalId":47111,"journal":{"name":"Review of Economics of the Household","volume":"323 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135703679","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The effect of state Earned Income Tax Credit (EITC) eligibility on food insufficiency during the COVID-19 pandemic.","authors":"Vivekananda Das","doi":"10.1007/s11150-022-09637-3","DOIUrl":"10.1007/s11150-022-09637-3","url":null,"abstract":"<p><p>This paper uses data from the Household Pulse Survey to examine whether and for how long the eligibility to receive state Earned Income Tax Credit (EITC) benefits reduced self-reported household food insufficiency among lower-income households with dependent children during the COVID-19 pandemic. The results of models estimated using difference-in-differences (DD) and difference-in-difference-in-differences (DDD) methods suggest that state EITC eligibility, on average, reduced food insufficiency by about 3 percentage points between March 2021 and early October 2021. However, the results of models estimated using an event study method show that the effect was not visible in all the post-March bimonthly periods. Overall, this paper finds some evidence to suggest that state EITC eligibility reduced food insufficiency over a short period.</p>","PeriodicalId":47111,"journal":{"name":"Review of Economics of the Household","volume":"21 2","pages":"485-518"},"PeriodicalIF":4.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9789515/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9367250","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Malte Sandner, Alexander Patzina, Silke Anger, Sarah Bernhard, Hans Dietrich
{"title":"The COVID-19 pandemic, well-being, and transitions to post-secondary education.","authors":"Malte Sandner, Alexander Patzina, Silke Anger, Sarah Bernhard, Hans Dietrich","doi":"10.1007/s11150-022-09623-9","DOIUrl":"10.1007/s11150-022-09623-9","url":null,"abstract":"<p><p>This study examines the immediate and intermediate effects of the COVID-19 pandemic on the well-being of two high school graduation cohorts (2020 and 2021) and how changes in well-being affect students' educational plans and outcomes. Our unique panel data on 3697 students from 214 schools in 8 German federal states contain prospective survey information on three dimensions of well-being: mental health problems, self-rated health, and life satisfaction. Data is collected several months before (fall 2019), shortly before and soon after (spring 2020) as well as several months after (fall/winter 2020/21) the beginning of the COVID-19 pandemic. Applying difference-in-differences designs, random effect growth curve models, and linear regression models, we find that school closures had a positive immediate effect on students' well-being. Over the course of the pandemic, however, well-being strongly declined, mainly among the 2021 graduation cohort. We show that a strong decline in mental health is associated with changes in educational and career plans and transition outcomes. As adverse life experiences in adolescence are likely to accumulate over the life course, this study is the first to exhibit potential long-lasting negative effects of the COVID-19 pandemic on education and careers of young individuals.</p>","PeriodicalId":47111,"journal":{"name":"Review of Economics of the Household","volume":"21 2","pages":"461-483"},"PeriodicalIF":4.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9510585/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9720568","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Migration of dual-earner couples: a subjective wellbeing approach.","authors":"Diana Tam, Arthur Grimes","doi":"10.1007/s11150-021-09598-z","DOIUrl":"https://doi.org/10.1007/s11150-021-09598-z","url":null,"abstract":"<p><p>We model push factors that determine the domestic migration decisions for couples, with emphasis on dual-earner different-sex couples. Unlike many prior studies that concentrate on labour market determinants of migration, we place the subjective well-being (SWB) reported by each partner at centre stage. We test whether migration determinants differ depending on whether the female is the main breadwinner in a dual-earner couple. We also test if determinants differ when either the female or the male is the sole earner within a couple. The evidence shows that a couple is more likely to migrate if she reports low SWB in the year prior to migration, with the strength of this effect varying depending on the earnings status of each partner prior to migration. Male SWB does not have the same impact on the migration choice although we find some evidence that pre-migration male wages impact the migration decision.</p>","PeriodicalId":47111,"journal":{"name":"Review of Economics of the Household","volume":"21 1","pages":"269-289"},"PeriodicalIF":5.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8764326/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9198092","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Who is doing the chores and childcare in dual-earner couples during the COVID-19 era of working from home?","authors":"Sabrina Wulff Pabilonia, Victoria Vernon","doi":"10.1007/s11150-022-09642-6","DOIUrl":"10.1007/s11150-022-09642-6","url":null,"abstract":"<p><p>In 2020-21, parents' work-from-home days increased three-and-a-half-fold following the initial COVID-19 pandemic lockdowns compared to 2015-19. At the same time, many schools offered virtual classrooms and daycares closed, increasing the demand for household-provided childcare. Using weekday workday time diaries from American Time Use Survey and looking at parents in dual-earner couples, we examine parents' time allocated to paid work, chores, and childcare in the COVID-19 era by the couple's joint work location arrangements. We determine the work location of the respondent directly from their diary and predict the partner's work-from-home status. Parents working from home alone spent more time on childcare compared to their counterparts working on-site, though only mothers worked fewer paid hours. When both parents worked from home compared to on-site, mothers and fathers maintained their paid hours and spent more time on childcare, though having a partner also working from home reduced child supervision time. On the average day, parents working from home did equally more household chores, regardless of their partner's work-from-home status; however, on the average school day, only fathers working from home alone spent more time on household chores compared to their counterparts working on-site. We also find that mothers combined paid work and child supervision to a greater extent than did fathers.</p>","PeriodicalId":47111,"journal":{"name":"Review of Economics of the Household","volume":"21 2","pages":"519-565"},"PeriodicalIF":4.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9838412/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9721073","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Adapting to an aggregate shock: The impact of the Covid-19 crisis on rural households.","authors":"Mahreen Mahmud, Emma Riley","doi":"10.1007/s11150-022-09625-7","DOIUrl":"https://doi.org/10.1007/s11150-022-09625-7","url":null,"abstract":"<p><p>We examine the response of rural Ugandan households to a large aggregate shock, the Covid-19 pandemic, during and one year after the first lockdown in March 2020. Using 6 rounds of phone surveys from 558 households in western Uganda, we find that household income recovery from the lockdown differs by whether households had a business pre-pandemic. After an initial sharp fall, the incomes of those without a business have recovered to pre-pandemic levels. However, the relatively better-off households with a business before the pandemic still have one-third lower income, due to sustained closure of businesses even after the end of the first lockdown restrictions. Additionally, business-owning households have 30% lower wealth one-year into the pandemic, driven by 44% lower assets, 45% drop in savings, and a 15 fold increase in net-borrowing, suggesting long-term damage. Our findings point to the need to support households who face dwindling finances to fall back on.</p>","PeriodicalId":47111,"journal":{"name":"Review of Economics of the Household","volume":"21 1","pages":"19-36"},"PeriodicalIF":5.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9453704/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10623526","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The added-worker effect in the Netherlands before and during the Great Recession.","authors":"Emile Cammeraat, Egbert Jongen, Pierre Koning","doi":"10.1007/s11150-021-09595-2","DOIUrl":"https://doi.org/10.1007/s11150-021-09595-2","url":null,"abstract":"<p><p>We study the added-worker effect in the Netherlands with large-scale administrative panel data for the period 1999-2015. Conditioning on samples with similar employment histories, we employ differences-in-differences to estimate the effect of a male partner's unemployment shock on the female partner's income. We find a modest added-worker effect of 2-5% of the male partner's income loss, as compared to the much larger compensating effect from social insurance schemes. The added-worker effect largely disappeared at the beginning of the Great Recession, but resurfaced a few years later. Over the years, profits from self-employment have become more important in dealing with unemployment shocks.</p>","PeriodicalId":47111,"journal":{"name":"Review of Economics of the Household","volume":"21 1","pages":"217-243"},"PeriodicalIF":5.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8721640/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10636572","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}