Seminar in Economics | with Bram de Rock
Welcome to this Higher Seminar in Economics organized by the Department of Economics, SSE. The seminar speaker is Bram de Rock, a professor in mathematical economics at both the Université libre de Bruxelles and the KU Leuven, who will present "A Spouse and a House are all we need? Housing demand, labor supply and divorce over the lifecycle".
We present a limited commitment framework of household behavior in which households make decisions regarding labor supply, divorce and housing demand over their lifecycle. We identify and estimate our structural model using exogenous variation in female labor supply and divorce rates due to the White v. White reform in England. We show that credit market policies affect the value of marriage compared to singlehood and consequently intra-household allocations and household decisions. We conduct several policy simulations changing theease of credit market access to illustrate. We show how accounting for divorce and intra-household allocations matters to conduct welfare analysis of such policy changes.
More about the Speaker
The seminar takes place at Stockholm School of Economics, Sveavägen 65, room 750.
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