Showing 1 - 10 of 1,192
Quadratic Almost Ideal Demand System (QUAIDS) framework, which allows for an endogenous expenditure budget and endogenous …
Persistent link: https://www.econbiz.de/10012231157
Quadratic Almost Ideal Demand System (QUAIDS) framework, which allows for an endogenous expenditure budget and endogenous …
Persistent link: https://www.econbiz.de/10011972980
This paper presents a new model of the household that is able to explain a variety of consumption patterns that existing models cannot describe, most notably, those associated with the Deaton and Paxson (1998) paradox. The most distinctive feature of this model is the presence of common-pool...
Persistent link: https://www.econbiz.de/10012130253
We model consumption and labor supply behavior of a couple in a non-cooperative setting. Using minimal assumptions, we prove that demand for public goods is characterized by three regimes. It is either determined by the preferences of one of the partners only (Husband Dictatorship or Wife...
Persistent link: https://www.econbiz.de/10010463625
This paper considers the association between intra-household resource allocation and couple financial hardships in Australia. It develops and estimates a collective household model of expenditures on individual-specific necessities and hardship reporting where each partner has a distinct utility...
Persistent link: https://www.econbiz.de/10012372920
This paper considers the association between intra-household resource allocation and couple financial hardships in Australia. It develops and estimates a collective household model of expenditures on individual-specific necessities and hardship reporting where each partner has a distinct utility...
Persistent link: https://www.econbiz.de/10012321838
Standard household economics assumes that couples pool their incomes and share the sum equally, which is a necessary prerequisite for computing equivalent incomes and hence all statements about the distribution of personal incomes and income poverty. However, since cohabitation without marriage...
Persistent link: https://www.econbiz.de/10010188880
Persistent link: https://www.econbiz.de/10012433379
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume collective households with consumption technologies that define the public and private nature of expenditures through Barten scales. Our method recovers the technology by solely...
Persistent link: https://www.econbiz.de/10011543531
This paper proposes a novel test of productive efficiency in the household that also allows a test of noncooperative decision making. I extend the collective model (Chiappori 1988, 1997) to allow labor choices to affect future bargaining power by raising the value of outside options. Even if...
Persistent link: https://www.econbiz.de/10012936130