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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
We adopt the collective approach to consumer behavior with egoistic agents, and assume that the household consumption … is either private or public. We then show that (i) household demands have to satisfy testable constraints and (ii) some …-demand') framework in which household demands are directly derived from the marginal rates of substitution. Finally, we present an …
Persistent link: https://www.econbiz.de/10003323171
position of the household in the income distribution and that behavioural response can potentially improve the welfare position …
Persistent link: https://www.econbiz.de/10009306839
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
This paper uses detailed diary information from the British Family Expenditure Survey (FES) to investigate the 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...
Persistent link: https://www.econbiz.de/10011404134
We examine Becker's (1960) contention that children are "normal." For the cross section of non-Hispanic white married couples in the U.S., we show that when we restrict comparisons to similarly-educated women living in similarly-expensive locations, completed fertility is positively correlated...
Persistent link: https://www.econbiz.de/10009408778
exchange rates, as well as community-level variations in wage and pension arrears, to identify exogenous shocks to household … household which experiences an exogenous shock of 10% of its total income changes both its food and total non … changes in household savings are negatively related to exogenous income shocks, with this relationship strongest for low …
Persistent link: https://www.econbiz.de/10011405709
Persistent link: https://www.econbiz.de/10001937662
Household collective models celebrate their thirtieth birthday. The collective approach constitutes, perhaps, the … to some excellent surveys of household collective models (Strauss et al., 2000; Vermeulen, 2002; Donni and Chiappori … papers, the collective framework has been used to provide theoretical results for a number of household issues; for example …
Persistent link: https://www.econbiz.de/10011946430
The socio-economic mosaic of urban neighbourhoods changes under the influence of three distinctive distributional processes: reordering of the socio-economic position of urban neighbourhoods; changing levels of inequality between neighbourhoods; and an overall growth or decline in income levels...
Persistent link: https://www.econbiz.de/10011925327