Showing 1 - 10 of 109
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/10011090930
We propose a collective labor supply model with household production that generalizes an original model of Blundell …. Our application uses a novel estimation strategy that builds upon the familiar two-stage allocation representation of the … 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
We present a nonparametric 'revealed preference' methodology for empiri- cally analyzing collective consumption behavior. First, we introduce an integer programming (IP) methodology for testing data consistency with collective con- sumption models that account for publicly as well as privately...
Persistent link: https://www.econbiz.de/10011090549
conditions of household consumption models with varying degrees of cooperation. Using these conditions, we show independence (or …
Persistent link: https://www.econbiz.de/10011090797
Persistent link: https://www.econbiz.de/10011091729
Abstract: Sharp nonparametric bounds are derived for Hicksian compensating and equivalent variations. These "i-bounds" generalize earlier results of Blundell, Browning and Crawford (2008). We show that their e-bounds are sharp under the Weak Axiom of Revealed Preference (WARP). They do not...
Persistent link: https://www.econbiz.de/10011091921
We present a household consumption model that accounts for caring house- hold members, while allowing for … caring between the household members. By varying the degree of in- trahousehold caring, the model encompasses a whole … continuum of household consumption models that are situated between the fully cooperative model and the noncooperative model …
Persistent link: https://www.econbiz.de/10011092325
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/10011092533
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