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expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most … commodities are normal goods, sweets and toys are luxury items for children. Children of lone parents have lower budget shares for … suggesting that children mimic their parent?s expenditure patterns. …
Persistent link: https://www.econbiz.de/10010262592
Children are seldom accounted for in household behavioural models. They are usually assumed to have neither the … children through the "caring preferences" of their parents or has treated them as household public goods [Bourguignon (1999 … capacity nor the power to influence the household decision process. The literature on collective models has so far incorporated …
Persistent link: https://www.econbiz.de/10005763884
Did the financial crisis spread from distressed banks to households through a contraction of the credit supply? We study this question with a dataset that contains observations on all accounts in Danish banks as well as comprehensive information about individual account holders and banks. We...
Persistent link: https://www.econbiz.de/10013010472
have more command over household resources. Baseline results on children's shares are robust to using alternative … joint consumption. In this paper, we extend the collective model of household consumption to recover mother's, father's and … children's shares together with economies of scale, using the observation of adult-specific goods and an extended version of …
Persistent link: https://www.econbiz.de/10010282294
on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor … expenses on children's goods that act as a public good in the spouses' preferences. We find that for couples with two or three … children the standard unitary model is strongly rejected in favor of our non-cooperative model. Moreover, it turns out that for …
Persistent link: https://www.econbiz.de/10010277211
In public good games, voluntary contributions tend to start off high and decline as the game is repeated. If high contributors are matched, however, contributions tend to stay high. We propose a formalization predicting that high contributors will self-select into groups committed to charitable...
Persistent link: https://www.econbiz.de/10013095928
This paper finds declining consumption expenditure between paydays, for a typical household in the working population …
Persistent link: https://www.econbiz.de/10010262166
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set of behaviours which are thought to influence health and are generally considered to invoke a substantial degree of free choice. The main underlying assumption is that...
Persistent link: https://www.econbiz.de/10011307453
expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most … commodities are normal goods, sweets and toys are luxury items for children. Children of lone parents have lower budget shares for … suggesting that children mimic their parent’s expenditure patterns. …
Persistent link: https://www.econbiz.de/10005822643
to model household behavior as a Nash-bargaining game. Since then, very few attempts have been made to operationalize … cooperative models of household labor supply for policy analysis. In this paper, we implement a Nash-bargaining model with … the likely role of taxation on intra-household negotiation. …
Persistent link: https://www.econbiz.de/10010262203