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We investigate the relationship between the individual and household indirect utility functions in the context of a … collective household model. Our analysis produces new results that explain how the rule governing the distribution of resources … among household members is related to the measurement of household welfare and intra-household inequality. We show that in a …
Persistent link: https://www.econbiz.de/10011856707
Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element … intrahousehold allocation of resources and welfare. We show how the sharing rule, which characterizes the within-household … allocations, can be identified from data on household consumption and labor supply. We also argue that a measure based on …
Persistent link: https://www.econbiz.de/10014025329
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a … wives tend to be more altruistic in comparison to their husbands regarding the intra-household allocation of income, which …
Persistent link: https://www.econbiz.de/10011892483
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a … wives tend to be more altruistic in comparison to their husbands regarding the intra-household allocation of income, which …
Persistent link: https://www.econbiz.de/10012912744
Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element …, measures of inequality that ignore intra household allocations are both incomplete and misleading. We discuss determinants of … intra household allocation of resources and welfare. We show how the sharing rule, which characterizes the within household …
Persistent link: https://www.econbiz.de/10013053293
While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio-Economic Panel Study (SOEP). In married and cohabiting...
Persistent link: https://www.econbiz.de/10013074897
To describe and understand the economic inequality in a given so- ciety, it is necessary to understand intra-household … paper gives an overview of within-household distributions in different settings, both between the adults and also between … often, but not always, disfavor women and children. The paper also discusses the importance of intra-household allocations …
Persistent link: https://www.econbiz.de/10012650401
Collective models have become the go-to framework for intra-household allocations. Available empirical collective … models are built for fixed sets of household members and accommodate diversity in household structures with difficulty … naturally to households of all shapes and sizes. An intuitive assumption about how allocations change with household composition …
Persistent link: https://www.econbiz.de/10012116574
This paper examines the allocation of resources of poverty rates within households in Suriname. To this end we employ a bargaining model estimation framework that allows one to identify the allocation of resources across adult and children males and females. Our results using the Suriname...
Persistent link: https://www.econbiz.de/10012153189
Sharp nonparametric bounds are derived for Hicksian compensating and equivalent variations. These 'i-bounds' generalize earlier results of Blundell, Browning and Crawford (2008). We show that their e-bounds are sharp under the Weak Axiom of Revealed Preference (WARP). They do not require...
Persistent link: https://www.econbiz.de/10013101454