Showing 1 - 10 of 482
We extend the nonparametric ‘revealed preference’ methodology for analyzing collective consumption behavior (with consumption externalities and public consumption), to render it useful for empirical applications that deal with welfare-related questions. First, we provide a nonparametric...
Persistent link: https://www.econbiz.de/10005762164
We propose a method to identify bounds (i.e. set identification) on the sharing rule for a general collective household … bounds by applying revealed preference restrictions implied by the collective model to the household's continuous aggregate … assignable within the household, though having such information tightens the bounds. An empirical application demonstrates the …
Persistent link: https://www.econbiz.de/10011279275
We provide a nonparametric 'revealed preference' characterization of rational household behavior in terms of the … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The …, monotonicity is testable for the model that assumes all household consumption is public. …
Persistent link: https://www.econbiz.de/10005822743
The implementation of Gary Becker's (1965) time allocation model is hampered by the fact that values of the different time uses are usually not observed. In practice, one often assumes that the value of time is uniform across time uses by using market wages. This approach implies a fundamental...
Persistent link: https://www.econbiz.de/10011268327
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
on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …
Persistent link: https://www.econbiz.de/10004969337
We present identification and estimation results for the "collective" model of labour supply in which there are discrete choices, censoring of hours and nonparticipation in employment. We derive the collective restrictions on labour supply functions and contrast them with restrictions implied by...
Persistent link: https://www.econbiz.de/10005703026
We propose a collective labor supply model with household production that generalizes an original model of Blundell … the share in the household’s nonlabor income. Finally, and perhaps surprisingly, we do not find evidence that mothers care …
Persistent link: https://www.econbiz.de/10008680889
household. We further propose a novel approach to model special cases of the general collective model. These special cases … include alternative restrictions on the 'sharing rule' that applies to each household, and which defines the distribution of … the household budget over the household members. A limiting case is the unitary model. Our application uses data from the …
Persistent link: https://www.econbiz.de/10005822055
We analyze Engel curves for nuclear households in rural China. The sample includes more than 5000 nuclear families covering nineteen out of thirty Chinese provinces. We consider expenditures on food, also subdivided into several food subcategories such as cereals, or meat and fish, and other...
Persistent link: https://www.econbiz.de/10005822726