Does longer hours boost skills through learning-by-doing?
No, our data on manufacturing and sales output per hour do not support that.
Does longer hours boost skills through learning-by-doing?
No, our data on manufacturing and sales output per hour do not support that.
Do (Japanese) women quit after birth?
No, in our firm, mothers don’t quit more than others. Instead, most opt for “reduced hours for parenting,” common in large firms.
Labor supply adjusts at the intensive, not extensive, margin.
Do (Japanese) women quit after birth?
No, in our firm, mothers don’t quit more than others. Instead, most opt for “reduced hours for parenting,” common in large firms.
Labor supply adjusts at the intensive, not extensive, margin.
▫️ 55% (46% mom penalty + dad premium)
▫️ Early on, time-based pay drives the penalty but fades over time.
▫️ By year 15, job-rank-based pay dominates, indicating missed promotions due to childbirth.
▫️ 55% (46% mom penalty + dad premium)
▫️ Early on, time-based pay drives the penalty but fades over time.
▫️ By year 15, job-rank-based pay dominates, indicating missed promotions due to childbirth.
MMWI makes this trend visible.
MMWI makes this trend visible.
As a result, MMWI-based intrahousehold inequality is lower than when measured by private consumption alone— crucial for policies like fair compensation in divorce settlements.
As a result, MMWI-based intrahousehold inequality is lower than when measured by private consumption alone— crucial for policies like fair compensation in divorce settlements.
How should we account for this when measuring intrahousehold welfare inequality?
We tackle this by proposing a Money Metric Welfare Index (MMWI), examining its anatomy, and applying it to Japanese data.
How should we account for this when measuring intrahousehold welfare inequality?
We tackle this by proposing a Money Metric Welfare Index (MMWI), examining its anatomy, and applying it to Japanese data.
Intra-Household Welfare Inequality and Household Public Goods | PA. Chiappori, C. Meghir & Y. Okuyama
www.nber.org/papers/w32645
Intra-Household Welfare Inequality and Household Public Goods | PA. Chiappori, C. Meghir & Y. Okuyama
www.nber.org/papers/w32645