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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 … existing poverty calculations that ignore either intra-household inequality or economies of scale in consumption, ours take …
Persistent link: https://www.econbiz.de/10012389002
Standard household economics assumes that couples pool their incomes and share the sum equally, which is a necessary … advancement of this paper is the use of panel data, which enables me to account for unobserved heterogeneity at the household …
Persistent link: https://www.econbiz.de/10013075539
Standard household economics assumes that couples pool their incomes and share the sum equally, which is a necessary … advancement of this paper is the use of panel data, which enables me to account for unobserved heterogeneity at the household …
Persistent link: https://www.econbiz.de/10010188880
household and thus yield a biased assessment of individual poverty and poverty by age or gender. In this paper we first show … data from the 2012 Indian Human Development Survey to create a standard household-based MPIs closely related to the MPI … household-based measure. Similarly, the age differentials in poverty are much larger using the individual-based measure. Using a …
Persistent link: https://www.econbiz.de/10012997526
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 …
Persistent link: https://www.econbiz.de/10010388544
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 …
Persistent link: https://www.econbiz.de/10013051017
This paper investigates the importance of status in household consumption and financial decisions using household data … evidence that a household's income rank — its position in the income distribution relative to its close neighbors — is … household's portfolio. More aggregate county-level evidence based on a dataset of every new car sold in each county in the …
Persistent link: https://www.econbiz.de/10013046477
The collective approach to household behavior relaxes the restrictive features of the unitary model by specifying … household welfare as a weighted combination of the individuals' utilities. But the weights are assumed fixed or exogenous to the … determined and simultaneously estimated with the household outcomes. The authors present Nepalese evidence that suggests that a …
Persistent link: https://www.econbiz.de/10012748554
estimates a collective demand system to recover associated individual and household welfare functions along with the measures of …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 …
Persistent link: https://www.econbiz.de/10011856707
households. Using data from the Bank of Italy's Survey on Household Income and Wealth covering the financial crisis, we are able … separately. We find that Italian households were able to smooth on average about 85% of shocks to household head's earnings in …/dissavings (40% and 47% in 2008-2010 and 2010-2012, respectively), and within‐household risk‐sharing (16% and 14%). Interestingly …
Persistent link: https://www.econbiz.de/10012316210