Showing 1 - 10 of 10,545
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 …
Persistent link: https://www.econbiz.de/10011892483
Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element …, measures of inequality that ignore intra household allocations are both incomplete and misleading. We discuss determinants of … intra household allocation of resources and welfare. We show how the sharing rule, which characterizes the within household …
Persistent link: https://www.econbiz.de/10013053293
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 …
Persistent link: https://www.econbiz.de/10011856707
We consider the collective model of labor supply with marketable domestic production. We first show that, if domestic production is mistakenly ignored, the "collective" indirect utilities that are retrieved from observed behavior will be unbiased if and only if the profit function is additive....
Persistent link: https://www.econbiz.de/10013318665
Persistent link: https://www.econbiz.de/10014416274
because it ignores public good and the allocation of time to market work, leisure and household production. We develop a money … metric measure of welfare that accounts for public goods (by using personalized prices) household production and for the …
Persistent link: https://www.econbiz.de/10013053289
This paper applies the theory of relational contracts to make precise the idea that because households are engaged in a … specialisation and exchange which exists in the household. The household's choice of a particular solution from the resulting … feasible set is found by the maximisation of a household welfare function, a generalisation of a suggestion originally made by …
Persistent link: https://www.econbiz.de/10003847154
to analyze the interaction between public policy and household labor supply and fertility decisions. The model …
Persistent link: https://www.econbiz.de/10008826234
to analyze the interaction between public policy and household labor supply and fertility decisions. The model …
Persistent link: https://www.econbiz.de/10013135268
to analyze the interaction between public policy and household labor supply and fertility decisions. The model …
Persistent link: https://www.econbiz.de/10013139605