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joint consumption. In this paper, we extend the collective model of household consumption to recover mother's, father's and … household resources, though not enough to avoid a very large extent of child poverty compared to what is found in traditional … have more command over household resources. Baseline results on children's shares are robust to using alternative …
Persistent link: https://www.econbiz.de/10009325415
We apply an extension of the Rothbarth approach to estimate the share of household resources accruing to children (i ….e., the cost of children) in Ireland. The method also allows us to identify the economies of scale in the household and …
Persistent link: https://www.econbiz.de/10008496998
We propose a new methodology to estimate the share of household income accruing to children (i.e., the cost of children … economies of scale in the household and indifference scales in Lewbel (2003)'s sense. We illustrate the method with an … application on the French Household Budget Survey. …
Persistent link: https://www.econbiz.de/10008497592
In a simple conceptual framework, we organize a multitude of phenomena related to the (mis)prediction of utility. Consequences in terms of distorted choices and lower wellbeing emerge if people have to trade-off between alternatives that are characterized by attributes satisfying extrinsic...
Persistent link: https://www.econbiz.de/10010884223
of scale of living in a couple, and a sharing rule that governs the intra-household allocation of resources. The model is …
Persistent link: https://www.econbiz.de/10005761723
Neoclassical economic theory rules out systematic errors in consumption choice. According to the basic view …
Persistent link: https://www.econbiz.de/10005703642
This paper applies the theory of relational contracts to make precise the idea that because households are engaged in a … specialisation and exchange which exists in the household. The household's choice of a particular solution from the resulting … feasible set is found by the maximisation of a household welfare function, a generalisation of a suggestion originally made by …
Persistent link: https://www.econbiz.de/10004999151
that spouses jointly spend on leisure, household chores and child care. By using a innovative matching strategy, this …, but only for childless couples. Work timing also influences the joint time that is spent on household chores, but the …
Persistent link: https://www.econbiz.de/10008924614
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10009294836
the provision of care services, with respect to welfare support as opposed to within household production. The strength of …
Persistent link: https://www.econbiz.de/10010592169