preferences. Full insurance cannot be rejected. As the risk-sharing as-if-complete-markets theory might predict, estimated risk …We show how to use panel data on household consumption to directly estimate households’ risk preferences. Specifically … preferences are unrelated to wealth or other characteristics. The heterogeneity matters for policy: Although the average household …

existing poverty calculations that ignore either intra-household inequality or economies of scale in consumption, ours take … that are common in developing countries. Based on a collective household model, we develop a new methodology to identify … the intra-household allocation of resources and the extent of consumption sharing. We apply our methodology using data …

Anti-poverty policies often aim to reach poor individuals by targeting poor households. However, intra-household … individual-level poverty rates that account for intra-household inequality. We show that women, children, and the elderly face … undernourished individuals are spread across the household per-capita expenditure distribution. We then quantify the extent of food …

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 …

.Widowhood poverty is no greater than that overall,but the picture changes dramatically if we allow economies of household size …This study investigates on Pakistani and South African data gender issues in household behavior.A test for gender bias …

high-load insurance against modest stakes risks. Mandatory information disclosure is a potentially attractive public policy … tool that might improve consumers' choices, but has not been widely tested in insurance settings. We conduct an incentive …-compatible insurance demand experiment in which we manipulate the information disclosed to subjects. We test whether any of the three most …

We investigate the relationship between social interaction and household finances using data from the British Household … household finances and social interaction, rather than focusing one particular facet of household finances, such as the holding … the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on …

We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new … harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. Since the …

Normative analyses of household financial decisions typically assume parameters of the household utility function. Some … household analyses appearing in finance and economics journals, examine the parameters assumed for risk aversion, intertemporal … have provided estimates of household parameter values are examined. None of the normative articles cited an independent …