Showing 1 - 10 of 10
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … behavior. The method imposes no parametric structure on household decision processes, accounts for unobserved preference … heterogeneity across individuals in different households, and requires only a single consumption observation per household. Our main …
Persistent link: https://www.econbiz.de/10011543531
We develop a novel framework to analyze the structural implications of the marriage market for household consumption … patterns. We start by defining a revealed preference characterization of efficient household consumption when the marriage is … observation per household and individual preferences are heterogeneous across households. In addition, the characterization allows …
Persistent link: https://www.econbiz.de/10010337411
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. -- Collective model ; consumption ; Pareto …
Persistent link: https://www.econbiz.de/10003771615
on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor … preferences. -- Consumption ; labor supply ; intra-household allocation ; non-cooperative model ; public goods …
Persistent link: https://www.econbiz.de/10003872703
time to different activities. In order to do so, we empirically estimate a collective household labor supply model. The … main findings are that: (1) Leisure and household income are the most important variables in the utility function of the … male; (2) Leisure, total household production and total household production interacted with family size are important …
Persistent link: https://www.econbiz.de/10003335454
In this paper an empirical model is developed where the collective household model is used as a basic framework to … describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household … individual utility functions and the household power weight distribution, which is parameterized per household. The model is …
Persistent link: https://www.econbiz.de/10003314675
Dutch DNB Household Survey. We conduct a nonparametric analysis that avoids the distortive impact of an erroneously …
Persistent link: https://www.econbiz.de/10003289891
In this paper we consider an empirical collective household model of time allocation for two-earner households. The … novelty of this paper is that we estimate a version of the collective household model, where the internally produced goods and … are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are …
Persistent link: https://www.econbiz.de/10003656898
To understand the household decision-making process regarding food expenditures for children in poor households in … correlate with more traditional indicators. Finally, we document significant heterogeneity both between individuals and intra-household …
Persistent link: https://www.econbiz.de/10012609205
that allow us to rationalise both the observed matches and the within-household allocations of time and money. …
Persistent link: https://www.econbiz.de/10012609236