Resource shares, defined as the fraction of total household spending going to each person in a household, are important … is measured typically at the household level, and many goods are jointly consumed, so that individual-level consumption …

This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a … wives tend to be more altruistic in comparison to their husbands regarding the intra-household allocation of income, which …

In the present paper, we adopt the collective approach to consumer behavior - which supposes that each household member … conditional demand ('m-demand') framework in which household demands are directly derived from the marginal rates of substitution …. We show that (i) household demands have to satisfy testable constraints and (ii) some elements of the decision process …

with household bargaining explanations. For couples with children, improved women’s household bargaining position is …

Using credit report records and data collected from several household surveys, we analyze changes in household debt and … appears to reflect a considerable decline in household debt, as households paid down mortgage debt in particular. At the end … to become harder to obtain during 2010. -- household debt and saving ; 2007 recession ; credit access ; mortgage debt …

We adopt the collective approach to consumer behavior with egoistic agents, and assume that the household consumption … is either private or public. We then show that (i) household demands have to satisfy testable constraints and (ii) some …;m-demandquot;) framework in which household demands are directly derived from the marginal rates of substitution. Finally, we present an …

households over time. To investigate this hypothesis, we incorporate heterogeneous agents into a household model of labor supply …

households over time. To investigate this hypothesis, we incorporate heterogeneous agents into a household model of labor supply …