This paper makes analytical, methodological and empirical contributions to the literature on purchasing power parity. Purchasing power parities are required in a host of cross-country welfare comparisons, such as poverty rates and gross domestic product. The subject has recently generated much...

The authors use the collective model of the household and show, theoretically, that as the woman's power rises, child labor will initially fall, but beyond a point it will tend to rise again. A household with a balanced power structure between the husband and the wife is least likely to send its...

The collective approach to household behavior relaxes the restrictive features of the unitary model by specifying household welfare as a weighted combination of the individuals' utilities. But the weights are assumed fixed or exogenous to the analysis. The authors extend the collective approach...