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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 … stable. In particular, stability means that the marriage matching is individually rational and has no blocking pairs. We show …
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or region of residence) operate on the same marriage market and are characterized by a homogeneous consumption technology … consumption level in case of marriage dissolution or spousal death. …
Persistent link: https://www.econbiz.de/10011543531
We develop a novel framework to analyze the structural implications of the marriage market for household consumption …. We define a revealed preference characterization of efficient household consumption when the marriage is stable …. Stability means that the marriage matching is individually rational and has no blocking pairs. We characterize stable marriage …
Persistent link: https://www.econbiz.de/10010412294
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We present a methodology for the structural empirical analysis of household consumption and time use behaviour under marital stability. Our approach is of the revealed preference type and non-parametric, meaning that it does not require a prior functional specification of individual utilities....
Persistent link: https://www.econbiz.de/10012631496
We present a methodology for the structural empirical analysis of house- hold consumption and time use behaviour under marital stability. Our approach is of the revealed preference type and non-parametric, meaning that it does not require a prior functional specification of individual utilities....
Persistent link: https://www.econbiz.de/10012609236