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Collective models identifying resource shares are promising tools to analyse intra-household welfare and poverty …
Persistent link: https://www.econbiz.de/10012971699
In this paper it is shown that the intratemporal and intertemporal preferences of each decision maker in the household … account that household behavior is the outcome of joint decisions. The empirical findings indicate that there is heterogeneity … least two reasons. First, they suggest that to answer policy questions the household decision process should be …
Persistent link: https://www.econbiz.de/10014065983
Methods for estimating equivalence scales usually rely on rather strong identifying assumptions. This paper considers a partially identified estimator for equivalence scales derived from the potential outcomes framework and using nonparametric methods for estimation, which requires only mild...
Persistent link: https://www.econbiz.de/10010437487
household model of labor supply that focuses on tax policy effects. Our distribution functions are derived under minimal …
Persistent link: https://www.econbiz.de/10011800753
Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before an econometric … German micro-data on household expenditure to estimate equivalence scales as a specific example. Our results show that …
Persistent link: https://www.econbiz.de/10010458584
nonlinearities in household demand. Therefore, the econometric framework should not impose any strong restrictions on the functional … forms of household expenditure shares. The chosen semiparametric specification meets this requirement. It is flexible, it … yields {N} consistent parameter estimates, and is consistent with consumer theory. Estimated equivalence scales are below or …
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