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This paper proposes and applies an alternative demographic procedure for extending a demand system to allow for the effect of household size and composition changes, along with price changes, on expenditure allocation. The demographic procedure is applied to two recent demand functional forms to...
Persistent link: https://www.econbiz.de/10010835569
Persistent link: https://www.econbiz.de/10008451151
This paper proposes and applies an alternative demographic procedure for extending a demand system to allow for the effect of household size and composition changes, along with price changes, on expenditure allocation. The demographic procedure is applied to two recent demand functional forms to...
Persistent link: https://www.econbiz.de/10008676079
Persistent link: https://www.econbiz.de/10005156856
Persistent link: https://www.econbiz.de/10006030469
Empirical analysis of household expenditure behaviour has traditionally ignored the issue of resource allocation between household members, assuming that they have identical or unitary preferences. This paper relaxes that assumption, develops a household sharing rule and proposes intra-household...
Persistent link: https://www.econbiz.de/10005680018
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