Showing 1 - 10 of 113
In this paper, we adopt the collective approach to consumer behavior --- which supposes that each household member is … (`m-demand') framework where household demands are directly derived from the marginal rates of substitution. We show that … (i) household demands have to satisfy testable constraints and (ii) some elements of the decision process can be …
Persistent link: https://www.econbiz.de/10005699621
This paper investigates how conditional quantiles of a given distribution relate to each other. Given two conditional quantiles estimated nonparametrically, we investigate their relation by linking them through a parametric transformation. Asymptotic normality of the associated parameter vector...
Persistent link: https://www.econbiz.de/10005699609
measure. Using cross sectional data from de 1993 South Africa Integrated Household Survey, and health measures form de … household and community resources. Additionally, we test for a differential impact of mother’s education depending on the age …
Persistent link: https://www.econbiz.de/10005328893
This paper sets out a theoretical framework for models of the household production and labour supply decisions of … and pure leisure. The models are then compared with the standard household model estimated on household survey data … empirically, that the “income pooling hypothesisâ€? of the standard model cannot be tested on household survey data of this …
Persistent link: https://www.econbiz.de/10005063685
effects on household consumptions. The results, however, may be confounded by endogeneity of the income and asset variables …. This paper suggests that the marriage market conditions, summarized by the sex ratio, can be used to test the household … Indonesia, this paper conducts the combined test of the household models by estimating the effects of the provincial sex ratio …
Persistent link: https://www.econbiz.de/10005063757
We examine the question of which household members should consume medical services, and in what quantities, by using … Japanese household-level data. We employ two key concepts, health risk and income risk, and investigate whether family heads or … dependents bear these risks. Health risk is the risk that a household member falls ill, while income risk is the risk that future …
Persistent link: https://www.econbiz.de/10005063773
apply a housing tenure choice model in which a representative adult household makes a lifetime plan concerning when to buy …
Persistent link: https://www.econbiz.de/10005702574
's household bargaining power, but education is uncorrelated with either parent's bargaining power. The estimation results are …
Persistent link: https://www.econbiz.de/10005702582
This paper develops a monopolistic competition model to study the characteristics of products, such as quality improvement and product diversity (function-specialization and individualization), and the division of labor in production. Different from the ordinary economic model, our utility...
Persistent link: https://www.econbiz.de/10005342157
Empirical evidences tell us that in the recent years the expansion period is increased with reduction of the contraction period in the U.S. business cycles. Moreover, the business cycles in the United States also show the trend to be moderated with recent economic growth induced and supported by...
Persistent link: https://www.econbiz.de/10005342274