Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element …, measures of inequality that ignore intra household allocations are both incomplete and misleading. We discuss determinants of … intrahousehold allocation of resources and welfare. We show how the sharing rule, which characterizes the within household …

because it ignores public good and the allocation of time to market work, leisure and household production. We develop a money … metric measure of welfare that accounts for public goods (by using personalized prices) household production and for the …

We present a framework for the study of risk and return of household enterprise in developing economies. We make … in which each autarky household absorbs risk in isolation. The full risk-sharing benchmark delivers the prediction that … economy with autarky households predicts that overall fluctuation at the household level is the only concern. Our framework …

We explore household consumption surrounding federal tax returns filings and refunds receipt to test various theories … of consumption. Because uncertainty regarding the refund is resolved at filing, precautionary savings theory predicts an …