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Income-based as well as most existing multidimensional poverty indices (MPI) assume equal distribution within the household and thus yield a biased assessment of individual poverty and poverty by age or gender. In this paper we first show that the direction of the bias depends on how these...
Persistent link: https://www.econbiz.de/10012997526
When comparing economic well-being using income or expenditures, an equivalence scale is often used to adjust for differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person, but not twice as much due to the economies of...
Persistent link: https://www.econbiz.de/10012213964
There is a large empirical literature on policy measures targeted at children but surprisingly very little theoretical foundation to ground the debate on the optimality of the different instruments. In the present paper, we examine the merit of targeting children through two general policies,...
Persistent link: https://www.econbiz.de/10003581183
Using a collective model of consumption, we characterize optimal commodity taxes aimed at targeting specific individuals within the household. The main message is that distortionary indirect taxation can circumvent the agency problem of the household. Essentially, taxation should discourage less...
Persistent link: https://www.econbiz.de/10009730373
Using a collective model of consumption, we characterize optimal commodity taxes aimed at targeting specific individuals within the household. The main message is that distortionary indirect taxation can circumvent the agency problem of the household. Essentially, taxation should discourage less...
Persistent link: https://www.econbiz.de/10009235597
There is a large empirical literature on policy measures targeted at children but surprisingly very little theoretical foundation to ground the debate on the optimality of the different instruments. In the present paper, we examine the merit of targeting children through two general policies,...
Persistent link: https://www.econbiz.de/10012777267
To describe and understand the economic inequality in a given so- ciety, it is necessary to understand intra-household inequality. House- holds can hide important inequalities, but can also be essential units for redistribution in society. This paper gives an overview of within-household...
Persistent link: https://www.econbiz.de/10012650401
I explore the effects of a preference for fairness in the division of housework between two spouses in two different models of household time allocation. Both in the model with agreeing spouses and the model with noncooperative spouses, such a preference has an equalising effect on the division...
Persistent link: https://www.econbiz.de/10011589245
Happiness research in economics takes reported subjective well-being as a proxy measure for utility and has already provided many interesting insights about human well-being and its determinants. We argue that future research on happiness in economics has a lot of potential, but that it needs to...
Persistent link: https://www.econbiz.de/10014085279
According to the principle of Normative Individualism, the evaluation of economic states and processes should be guided exclusively by the wishes of the individuals who are seen as the only bearer of values. Despite its intuitive appeal and its almost universal acceptance in normative economics...
Persistent link: https://www.econbiz.de/10003316939