Showing 1 - 10 of 62
Item non-response in household survey data on economic variables such as income, assets or consumption is a well … changes the conclusions on the selective nature of non-response to the open-ended question and on the distribution of …
Persistent link: https://www.econbiz.de/10011092409
The booming Dutch mortgage market and the development of a promising secondary mortgage market in the Netherlands stress the need for an accurate mortgage prepayment model that incorporates typical Dutch market and contract characteristics.One of those typical Dutch features prescribes that each...
Persistent link: https://www.econbiz.de/10011092410
We present an IP-based nonparametric (revealed preference) testing proce- dure for rational consumption behavior in terms of general collective models, which include consumption externalities and public consumption. An empiri- cal application to data drawn from the Russia Longitudinal Monitoring...
Persistent link: https://www.econbiz.de/10011092661
household consumption model. Unlike the effects of distribution factors, it is well known that the level of the sharing rule … get these bounds by applying revealed preference restrictions implied by the collective model to the household …, private, or assignable within the household, though having such information tightens the bounds. An empirical application …
Persistent link: https://www.econbiz.de/10011092688
alternative restrictions on the 'sharing rule' that applies to each household, and which defines the distribution of the household … household.We further propose a novel approach to model special cases of the general collective model.These special cases include … budget over the household members.A limiting case is the unitary model.Our application uses data from the Russia Longitudinal …
Persistent link: https://www.econbiz.de/10011092718
We provide a revealed preference analysis of the transferable utility hypothesis, which is widely used in economic models. First, we establish revealed preference conditions that must be satisfied for observed group behavior to be consistent with Pareto efficiency under transferable utility....
Persistent link: https://www.econbiz.de/10011092784
We investigate the effects of demographics, household expenditure and female employment on the allocation of household … interactions between household expenditure and demographics are of significant importance in explaining the allocation to consumer …
Persistent link: https://www.econbiz.de/10011092796
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/10011092805
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/10011090416
This paper uses a dataset collected among inhabitants of Amsterdam, to study whether wages of prime age male workers are affected by the use of cannabis and cocaine.The analysis shows that cocaine use and infrequent cannabis use do not affect wages.Frequent cannabis use has a negative wage...
Persistent link: https://www.econbiz.de/10011090422