Family resources related to wife's time inputs to housework

This study investigates the relationship of family resources to the wife's time spent in housework. Safilios-Rothschild's inventory of resources was used as a guide in selecting variables to understand utility maximization in time use. Results indicate that the number of hours the wife spent in housework increased as the number of hours spent working outside the home decreased, family size increased and her perception that income was adequate decreased. More time also was spent if she had a chronic health condition which worried her. Implications discussed included those for further research to investigate the relationship of sex roles to housework attitudes and behaviours.     

Impact of Married Women's Employment on Individual Household Member Expenditures for Clothing

Family member and per capita clothing expenditures are estimated via tobit, using 1980–1981 Consumer Expenditure Survey data. Occupation categories are developed and implicit wage rates imputed for each wife in the sample. Employed-wife households have higher expenditures for clothing than do nonemployed-wife households and wife's occupation differentially affects family member expenditures. Wife's implicit wage is not significant, while wife's unearned income has a positive impact on all categories of expenditures except for infants. These results indicate that it is not possible to generalize across family members about the influence of income and socio-demographic variables on clothing expenditures.     

Food expenditure patterns of working-wife families: Meals prepared away from home versus convenience foods

This paper investigates food expenditure patterns of working-wife families, focusing on the allocation of food dollars between two major time-saving options: meals prepared away from home and convenience foods. Data are drawn from the U.S. 1983 Consumer Expenditure Survey. Analysis of variance and regression techniques are used to compare expenditure patterns of families grouped by the wife's hours worked and her earnings. The findings suggest that working-wife families prefer the purchasing of meals prepared away from home to that of convenience foods. In particular, families with high-earning, full-time working wives buy the most meals prepared away from home, while the greatest expenditures on convenience foods are observed for families with moderate-earning working wives.     

Secondary household production of food: the influence of home meal preparation on food expenditures and reported adequacy

A path model was tested to ascertain the relationships between certain socio-economic and demographic variables, the percentage of household meals prepared and eaten at home (secondary household production), food expenditures, and the household's reported adequacy of food consumed. Significant positive predictors of secondary household production of food were the age of the head and household size. Negative predictors were education of the head, income of the head(s) and number of hours worked by the household head(s). By far the most important predictor was the number of hours worked. The strongest predictor of food expenditures was household size. Other positive predictors were income of the head(s), number of household heads and the degree of urbanization. Negatively affecting food expenditures was secondary household production of food, indicating the ‘saving’ effect of preparing meals at home. The household's reported adequacy of their food was predicted by the positive effect of education of the head, age of the head, tenure, hours worked by the head(s) and number of household heads. Although the number of hours the heads are employed decreased the percentage of meals prepared at home, and the percentage of meals at home negatively affected expenditures, the number of employment hours had no effect on food expenditures.     

Impact of wife's employment on service expenditures

Data from the 1986 Consumer Expenditure Survey were used to examine the relationship between wife's employment and spending on services that are expected to be sensitive to the value of time. Tobit regression analysis indicated that wife's employment status was influential in explaining expenditure on food away from home, child care and total services only. Other independent variables, such as income, education and age. were more influential in explaining expenditure than was wife's employment status.     

Satisfaction with household production: the effect of time spent in household production by husbands and wives

The purpose of the study was to examine the relationship between the extent of household production and satisfaction with household production. Data were obtained from 400 married couples who responded to a postal questionnaire. The dependent variable was an index of satisfaction incorporating two aspects of household production, quality and quantity. Regression analysis indicated that of the three variables representing the extent of household production in the model — hours spent by each spouse in household production and an activity index to measure the number of household production activities — only husband's hours spent in household production demonstrated a significant, independent effect. Other significant variables included husband's hours of market work, household net worth, age of respondent and gender of respondent. Two significant interactions indicated that (i) the relationship between wife's hours of household production and satisfaction with household production differed according to the gender of the respondent, and (ii) the relationship of husband's hours of market work and satisfaction differed according to the age of the respondent.     

Asset Allocation of Two‐Person Households under Different Longevity Expectations

This study examines asset allocations of near‐elderly couples when spouses have different longevity expectations. Since the risk‐adjusted return on equities increases with investment horizon, a spouse who expects longer retirement period has an incentive to hold riskier portfolio. Using data from the Health and Retirement Study, we show that portfolio riskiness increases with the subjective survival probability of the decision‐making spouse. As predicted by the bargaining model, portfolio outcomes are uncorrelated with the horizon of the spouse who has less bargaining power. Results also show that the extent expected horizon is incorporated into asset allocation depends on the decider's gender. The share of equities depends on the husband's expected horizon when he leads decision making but not on the wife's horizon when she has more power. These findings contradict the prediction that wife‐led households may hold more equities than do husband‐led households because of their longer lifespan.     

THE IMPACT OF WIFE'S EMPLOYMENT AND EARNINGS ON FAMILY NET WORTH ACCUMULATION

The major focus of this research was the relationship between wife's earnings and employment and family net worth accumulation. Multiple regression analysis of data from the National Longitudinal Surveys found that, for the total sample, family income had a much greater impact than wife's earnings on change in net worth during the 1967–1972 period. Wife's employment was not related to the dependent variable once the effects of other factors were taken into account When the sample was segmented into four groups on the basis of 1967 net worth, independent variables had differential impacts on net worth change. For each group the multiple regression model explained a much greater proportion of total variance than it did for the sample as a whole. Among the two groups in the mid ranges of 1967 net worth, wife's employment was positively related to net worth change even after taking wife's earnings and other factors into account.     

Will perceived economic deficits affect housing decisions during retirement?

The study ascertains a causal model of factors that influence preretirees perceived difficulty in housing adjustment during retirement. Further, the influence of perceived economic deficits and an economic adjustment decision for preretirees during retirement are investigated. Path analysis results indicate that the perceived difficulty in moving to a more suitable home for retirement is influenced by tenure, setting up a retirement investment plan, and the perceived difficulty in selling one's home to have money for retirement expenses. The perceived difficulty in selling one's home to have money for retirement expenses is influenced by age and tenure. Age, tenure, education and income were influential in predicting the number of sources of retirement income; age, education and income were predictors of setting up of a retirement investment plan.     

Increasing Returns and Intensification: A Reprise on Ester Boserup's Model of Agricultural Growth

The dynamics of Ester Boserup's model of intensification of ``primitive'' (non-chemical, non-mechanized) agriculture have been worked out in three papers by Darity, Pryor and Maurer, and Salehi-Isfahani under conditions where techniques generating higher levels of food production require longer hours of work. But Boserup's theory suggests that continued intensification can lead to productivity increases in food production. Here the long run implications for agricultural productivity are explored when increasing returns evolve from Boserup's intensification process. Variations in the dynamics of a Boserupian economy are considered under different patterns of response to falling incomes and changing work requirements.     

Wife's employment and family expenditures

Data from the 1980–81 Consumer Expenditure Survey were used to examine the influence of wife's employment on spending on non-durable goods and time-saving services. Multiple regression analysis indicated that, except for personal care services, expenditure levels differed between working-wife and non-working-wife families. Other independent variables, however, were more influential in determining expenditure than was wife's employment status.     

Political career concerns and bank lending in China

This study examines how politician's career concerns affect the bank loans using a sample of bank branches at the county-level in China. We use politician tenure to measure an important dimension of the politician incentives to intervene in the local economy, which is determined by their career concerns about perceived promotion probability. We find that there is a curvilinear relationship between politician tenure and bank loans (i.e., reversed U-shape). We also construct a promotion pressure index and document a positive relationship between this promotion index and bank loans. These results are more significant for banks located in counties with underdeveloped institutions or weak government capacity, and those with political ties. These results support the view that politicians have strong incentives to utilize local banks to promote local economic growth if it is also consistent with their private goals, especially in the environment with significant government ownership in banking systems.     

WIFE'S EMPLOYMENT—ITS INFLUENCE ON MAJOR FAMILY EXPENDITURES

This study was undertaken to examine the influence of wife's employment on major family expenditures. Tobit analysis of data from the 1972–73 Consumer Expenditure Surveys found no relationship between wife's employment and outlays on twelve categories of expenditures. Family income had the greatest overall influence on the expenditure categories examined. Therefore, it appears that the absolute amount of income was more important than its sources in determining expenditures.     

Gender and Property Rights: Capital,Kin, and Owner Influence in Nineteenth- and Twentieth-Century Sweden

Historically an important dimension of the separation of management from ownership has been gendered property rights. During the formative years of industrial capitalism, men had privileged property rights. By marrying they acquired capital of their own, as well as the control of the wife's assets. In Sweden unmarried women were gradually given economic rights, but for married women coverture continued for another 50 years, until 1921. This seemingly illogical development could partly be explained by a transaction cost approach. Thus, while the introduction of full property rights for unmarried women must certainly have lowered transaction costs, the extension of such rights to married women would probably have increased these costs. As women formally gained equal rights to dispose of their capital, ownership did not in practice necessarily mean control. Today in Sweden both top management and boards are almost exclusively male, while women have gained some access to middle management. The immediate mechanisms behind this informal reproduction of men's privileged access to economic power should probably be sought in strategies such as gendered social closure, male networks and bonding.     

Money management practices influencing household asset ownership

The purpose of this research is to describe the types and amounts of assets owned by households, and to determine socio-demographic variables and money management practices that influence the household's total asset ownership. The data used for this study are from a survey conducted during the winter of 1982. Definite patterns of financial asset ownership emerged. A majority, 70% or more, of the households owned current and savings accounts, and cars and real estate. A minority, 30% or less, owned certificates of deposit, mutual funds, stocks, bonds and individual retirement accounts. Age, net income and housing tenure were significant socio-demographic variables in explaining variation in total asset ownership among households. Only two money management practices, i.e. number of credit cards owned and the amount the manager felt comfortable charging on these cards, were significant in explaining variations in the amount of total assets owned by a household.     

Timestyles: Role factor influences on the convergence and divergence of couples' complementary and substitute activity patterns

Using a role theory framework, this research focuses on convergence and divergence in complementary and substitute activities for husbands and wives. Hypotheses on the effects of children and wife's employment were assessed for a national sample of married men reporting on their and their wives' activities for a typical weekday and Saturday. Role factors are shown to have a significant impact on timestyles and the specific activities emerging as substitutes and complements.     

Family characteristics and convenience food expenditure in urban Korea

This study uses a sample of 39 025 urban families from the 1996 Korean Family Income and Expenditures Survey to examine the relationship between family characteristics and expenditure on convenience foods. Results indicate that age and education of the family's head, number of children, presence of children under the age of six, the wife's labour force participation, and area of residence were significant in predicting the level of expenditure on convenience foods. The present study points to and gives a rationale to differences in some of the effects as compared with those found in Western countries.     

Home country institutional environments and foreign expansion of emerging market firms

We propose that home country institutional environment shapes emerging market firms’ foreign expansion. We argue that better-developed home country institutional environment promotes emerging market firms’ expansion to foreign markets more advanced than the home country, while institutional instability in the home country reduces this propensity. We further hypothesize that the effects of home country institutional environment are contingent on firm-specific government ownership. Data on the foreign expansion of 921 Chinese firms in the period of 1996–2000 provide strong support for the effects of home country's institutional development and institutional instability. We also find that a high degree of government ownership weakens the positive effect of home country's institutional development on emerging market firms’ propensity to expansion to more advanced markets.     

Institutional determinants of ownership stake in cross-border acquisitions in Africa: The moderating role of geographic distance

We look at how emerging markets' institutional features affect ownership stake in cross-border acquisitions (CBAs) within Africa. Particularly, we show that the presence of shared colonial history between the home and host country and the extent of fractionalization distance and formal institutional distance influence the acquiring firm's decision regarding its ownership stake in the target. Moreover, we show that geographic distance between the home and host country, by augmenting uncertainty faced by acquiring firms, moderates the relationship between these institutional features and ownership stake. We test our hypotheses in a sample of 341 intra-Africa CBAs from 2001 to 2016. Generally, we find that greater ex ante uncertainty and ex post costs increase ownership stake. Specifically, greater geographic distance strengthens the positive relationship between shared colonial history and ownership stake and reverses the negative relationship between formal institutional distance and ownership stake. As for fractionalization distance, the relationship is more nuanced and needs to be further studied. We contribute to advance research on south–south CBAs in general, particularly within Africa, as well as to extend hostage theory in foreign market entry strategies in and from emerging markets.     

Analysis of tenure choice and housing expenditure patterns

This study employs a selectivity model to account for the simultaneity existing between determinations of tenure status and level of spending. Important socio-economic characteristics affecting housing tenure were identified. Results indicate that income had a more important effect on the housing expenditures of renters than owners at a lower household income level. The race of the household head had a significant effect on variations in housing expenditures for owners but not for renters, suggesting that race may be a more important factor in owner-occupant than in renter-occupant housing. While household size may be an important factor in a family's decision-making in terms of buying a home, it is suggested that once tenure status is selected family size had no significant impacts on housing expenditures. Similarly, married couples were most likely to own their own homes than were other household types; however, married households did not spend more or less than other types of households on either owned or rented accommodation. Furthermore, the analysis suggests that in assessing empirical results, attention should be given to meaningful interpretation of estimated selectivity effects as well as to testing for occurrence of selectivity bias.