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Bertrand et al. (2015) show that among married couples in the US, the distribution of the share of the household income earned by the wife exhibits a sharp drop just to the right of .50. They argue that this drop is consistent with a social norm prescribing that a man should earn more than his...
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This paper is about the nonparametric regression of a choice variable on a nonlinear budget set under utility maximization with general heterogeneity, i.e. in the random utility model (RUM). We show that utility maximization and convex budget sets make this regression three dimensional with a...
Persistent link: https://www.econbiz.de/10014250211
In this article, we analyze the dynamics of household per capita incomes using longitudinal data from Indonesia, South Africa, Spain and Venezuela. We find that in all four countries reported initial income and job changes of the head are consistently the most important variables in accounting...
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