Showing 1 - 10 of 21
Persistent link: https://www.econbiz.de/10011317683
Empirical models of labour supply adopting the collective approach have commonly used the decentralized representation and a reduced form specification of the sharing rule. This procedure has two crucial drawbacks that in principle make it inappropriate for the very same type of applications...
Persistent link: https://www.econbiz.de/10010477880
Persistent link: https://www.econbiz.de/10010411946
Persistent link: https://www.econbiz.de/10003746413
Persistent link: https://www.econbiz.de/10001504778
We investigate the relationship between centralized and decentralized collective demand models applied to consumption within a household with multiple individuals. The centralized program is described by a Bergsonian representation of the household utility function and a household budget...
Persistent link: https://www.econbiz.de/10013024790
Persistent link: https://www.econbiz.de/10012510377
Persistent link: https://www.econbiz.de/10012024874
Persistent link: https://www.econbiz.de/10011878930
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...
Persistent link: https://www.econbiz.de/10011856707