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the assumption that there is no within household inequality. In this paper, we show that ignoring consumption inequality … households. Second, the rise in inequality since the 1970s is overstated by two-thirds: within household inequality declined over … wages and hours worked can simultaneously explain virtually all of the decline in within household inequality and a …
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In this paper, we investigate the link between intra-household resource allocation and familial ties between household …" familial ties (e.g. a nuclear family household) achieve near Pareto efficient allocation of productive resources and Pareto … efficient allocation of consumption while households with "weaker" familial ties (e.g. an extended family household) do not. We …
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