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We propose a new methodology to estimate the share of household income accruing to children (i.e., the cost of children). Following the principle of the Rothbarth approach, the identification of the children's share requires the observation of at least one adult-specific good. However, our...
Persistent link: https://www.econbiz.de/10003931950
We apply an extension of the Rothbarth approach to estimate the share of household resources accruing to children (i.e., the cost of children) in Ireland. The method also allows us to identify the economies of scale in the household and indifference scales in Lewbel (2003)’s sense. A practical...
Persistent link: https://www.econbiz.de/10003932408
Poverty measures in developing countries often ignore the distribution of resources within families and the gains from joint consumption. In this paper, we extend the collective model of household consumption to recover mother's, father's and children's shares together with economies of scale,...
Persistent link: https://www.econbiz.de/10009488411
The cost of children is a critical parameter used in determining many economic policies. For instance, correctly setting the tax deduction for families with children requires assessing the true household cost of children. Evaluating child poverty at the individual level requires making a clear...
Persistent link: https://www.econbiz.de/10011430538
Persistent link: https://www.econbiz.de/10009696491
Persistent link: https://www.econbiz.de/10010476916
Household collective models celebrate their thirtieth birthday. The collective approach constitutes, perhaps, the microeconomics topic that has produced the largest number of papers (both published and in working paper/mimeo formats) during the last three decades, beginning with the seminal...
Persistent link: https://www.econbiz.de/10011946430