Salcedo, Alejandrina; Schoellman, Todd; Tertilt, Michele - In: Quantitative economics : QE ; journal of the … 3 (2012) 1, pp. 133-175
intrafamily relations and focus on households as collections of roommates. The model’s mechanism is that rising income leads to a … household size, consumption patterns, and income in the cross section at the end of the 20th century. We then project the model … back to 1850 by changing income. We find that our proposed mechanism can account for 37 percent of the decline in the …