The expected effect of a wage increase on women’s labour supply. b) The expected effect of an increase in the wage of a women on the demand for children. c) Why the substitution effect for labour supply may be larger for women than men. d) The effect of a spouse’s disability on the other person’s labour supply, where the spouse requires home (not institutional) care. e) The effect on the same spouse’s labour supply, as in (d), if the government (or private insurance) provided financial compensation
The expected effect of a wage increase on women’s labour supply. b) The expected effect of an increase in the wage of a women on the demand for children. c) Why the substitution effect for labour supply may be larger for women than men. d) The effect of a spouse’s disability on the other person’s labour supply, where the spouse requires home (not institutional) care. e) The effect on the same spouse’s labour supply, as in (d), if the government (or private insurance) provided financial compensation
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter26: Factor Markets: With Emphasis On The Labor Market
Section: Chapter Questions
Problem 16QP
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Question
Use your knowledge of household production theory to indicate the following:
a) The expected effect of a wage increase on women’s labour supply.
b) The expected effect of an increase in the wage of a women on the demand for children.
c) Why the substitution effect for labour supply may be larger for women than men.
d) The effect of a spouse’s disability on the other person’s labour supply, where the spouse requires home (not institutional) care.
e) The effect on the same spouse’s labour supply, as in (d), if the government (or private insurance) provided financial compensation to the family.
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