Household labour supply in Britain and Denmark: some interpretations using a model of Pareto Optimal behaviour
Tim Barmby () and
Nina Smith ()
Applied Economics, 2001, vol. 33, issue 9, 1109-1116
This paper analyses the labour supply behaviour of households in Denmark and Britain. It employs models in which the preferences of individuals within the household are explicitly represented. The households are then assumed to decide on their labour supply in a Pareto Optimal fashion. Describing the structure of the household decision in this way allows preliminary results to be obtained on the internal weighting of utilities within the household.
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