Showing 61 - 70 of 242
We develop a novel framework to analyze the structural implications of the marriage market for household consumption patterns. We start by defining a revealed preference characterization of efficient household consumption when the marriage is stable. In particular, stability means that the...
Persistent link: https://www.econbiz.de/10010337411
Marriage is the single most important economic transaction and social transition in the lives of young people. Yet little is known about the economics of marriage in much of the developing world. This paper examines the economics of marriage in North Africa, where asymmetric rights in marriage...
Persistent link: https://www.econbiz.de/10010337697
Persistent link: https://www.econbiz.de/10010350931
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume collective households with consumption technologies that define the public and private nature of expenditures through Barten scales. Our method recovers the technology by solely...
Persistent link: https://www.econbiz.de/10011543531
Do individuals divorce for economic reasons? Can we measure the attractiveness of new matches in the marriage market? We answer these questions using a structural model of the household and a rich panel dataset from Malawi. We propose a model of the household with consumption, production and...
Persistent link: https://www.econbiz.de/10011455748
Persistent link: https://www.econbiz.de/10011486048
An important paper by Chiappori et al. (2012) has proposed an elegant and parsimonious model of spousal matching over multi-dimensional characteristics. Importantly, the model suggests specific testable assumptions that allow researchers to uncover marginal rates of substitution (MRS) between...
Persistent link: https://www.econbiz.de/10010501869
Persistent link: https://www.econbiz.de/10010503461
Persistent link: https://www.econbiz.de/10010436203
Persistent link: https://www.econbiz.de/10010482841