Accession Number:

AD0705350

Title:

A THEORY OF HOUSEHOLD DEMAND AND LABOR SUPPLY,

Descriptive Note:

Corporate Author:

CENTER FOR NAVAL ANALYSES ARLINGTON VA

Personal Author(s):

Report Date:

1970-05-05

Pagination or Media Count:

29.0

Abstract:

A model is given of a household consumer unit with 2 working members. Working time of the wife is allocated to household work or market work according to her market wage rate, and her productivity in household work. The wifes productivity in household work depends upon the goods consumed by the household, the husbands wage rate, and the familys non-wage income. Theorems derived concern the effect of changes in these income parameters and the prices of goods on the labor force participation of the wife, hours worked by the husband and the goods bundle consumed by the household. One theorem, for example, states that an income compensated increase in the wifes market wage will increase her labor force participation and shorten the husbands work week. Author

Subject Categories:

  • Personnel Management and Labor Relations

Distribution Statement:

APPROVED FOR PUBLIC RELEASE