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The paper applies the collective model to the analysis of intra-household inequality using self-reported income scales. Starting from a collective model including household production, our key assumption is that the income level that household members report corresponds to their true income...
Persistent link: https://www.econbiz.de/10010750944
The paper proposes an original strategy for analyzing household sharing of income and satisfaction. Using two different subjective questions from the Russian data RLMS (Russia Longitudinal Monitoring Survey), we assume a correspondence between, first, the perception of income that household...
Persistent link: https://www.econbiz.de/10010635187
The paper applies the collective model to the analysis of intra-household inequality using self-reported income scales and provides a test for its assumptions. We assume a correspondence between the income level that household members report and their true income sharing. Using Russian data, we...
Persistent link: https://www.econbiz.de/10010738444
Comparing intentions to migrate and actual migration of Mexicans, I intend to assess the impact of unexpected shocks and misevaluated costs on the materialization of migration plans. I show that both sets of reasons may explain discrepancies between intentions and subsequent actions without...
Persistent link: https://www.econbiz.de/10010738891
with heterogeneous beliefs reach a trade-off between the cost of a precise estimation (variable depending on the agent) and …
Persistent link: https://www.econbiz.de/10010548256
heterogeneous beliefs reach a trade-o between the cost of a precise estimation (variable depending on the agent) and the expected …
Persistent link: https://www.econbiz.de/10010550926
systematic heteroge- neous expectations biases. Because of systematic biases agents are sup- posed not to learn from others …
Persistent link: https://www.econbiz.de/10010752037
systematic heterogeneous expectations biases. Because of systematic biases agents are supposed not to learn from others …
Persistent link: https://www.econbiz.de/10010898572
Why do investors keep different opinions even though they learn from their own failures and successes? Why do investors keep different opinions even though they observe each other and learn from their relative failures and successes? We analyze beliefs dynamics when beliefs result from a very...
Persistent link: https://www.econbiz.de/10010734229
Why do investors keep different opinions even though they learn from their own failures and successes? Why do investors keep different opinions even though they observe each other and learn from their relative failures and successes? We analyze beliefs dynamics when beliefs result from a very...
Persistent link: https://www.econbiz.de/10010735042