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Persistent link: https://www.econbiz.de/10008934967
existing studies, we analyze the sources and causes of China's high and rising saving rates in the government, corporate, and … household sectors. Although the causes of China's high saving are complex, we suggest that the evolving economic, demographic … structure ; China …
Persistent link: https://www.econbiz.de/10009126989
Collective rationality is seldom if ever rejected in the literature, raising doubt about its falsifiability. We show that the standard approach to test the collective model with distribution factors may yield misleading inference. We generalize the model and provide an appropriate test procedure...
Persistent link: https://www.econbiz.de/10010513435
Recent advances in the collective model literature suggest ways to estimate the complete allocation of resources within households, using assignable goods and assuming adult preference similarity across demographic groups (or across spouses). While it makes welfare analysis at the individual...
Persistent link: https://www.econbiz.de/10012909646
Recent advances in the collective model literature suggest ways to estimate the complete allocation of resources within households, using assignable goods and assuming adult preference similarity across demographic groups (or across spouses). While it makes welfare analysis at the individual...
Persistent link: https://www.econbiz.de/10011881240
Persistent link: https://www.econbiz.de/10011897864
Recent advances in the collective model literature suggest ways to estimate the complete allocation of resources within households, using assignable goods and assuming adult preference similarity across demographic groups (or across spouses). While it makes welfare analysis at the individual...
Persistent link: https://www.econbiz.de/10012914348
Recent advances in the collective model literature suggest ways to estimate the complete allocation of resources within households, using assignable goods and assuming adult preference similarity across demographic groups (or across spouses). While it makes welfare analysis at the individual...
Persistent link: https://www.econbiz.de/10012915057
Persistent link: https://www.econbiz.de/10011559351
Recent work has documented a rising degree of wealth inequality in the United States between 1983 and 1998. In this paper, we look at another dimension of the distribution, polarization. Using techniques developed by Esteban and Ray (1994) and further extended by D'Ambrosio (2001), we examine...
Persistent link: https://www.econbiz.de/10003206181