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Measures of household consumption-­which may be used to investigate average consumption growth, mor consumption poverty and inequality-­must account for the rental flow from owned accommodation. We consider two econometric problems relating to the imputation of rental flows for owned...
Persistent link: https://www.econbiz.de/10010550554
Collective household models posit that each household member has access to a fraction of the household budget, called a resource share, which defines the shadow budget faced by a household member. Together with the within-household shadow price vector, the shadow budget determines the material...
Persistent link: https://www.econbiz.de/10010550557
We propose a generalization of random coefficients models, in which the regression model is an unknown function of a vector of regressors, each of which is multiplied by an unobserved error. We also investigate a more restrictive model which is additive (or additive with interactions) in unknown...
Persistent link: https://www.econbiz.de/10010550559
We investigate whether immigrant and minority workers' poor access to high-wage jobs - that is, glass ceilings - is attributable to poor access to jobs in high-wage firms, a phenomenon we call glass doors. Our analysis uses linked employer-employee data to measure mean- and quantile-wage...
Persistent link: https://www.econbiz.de/10010269396
Persistent link: https://www.econbiz.de/10012088435
We present a new class of social cost-of-living indices and a nonparametric framework for estimating these and other social cost-of-living indices. Common social cost-of-living indices can be understood as aggregator functions of approximations of individual cost-of-living indices. The Consumer...
Persistent link: https://www.econbiz.de/10010293033
Persistent link: https://www.econbiz.de/10010539412
We propose a generalization of random coefficients models, in which the regression model is an unknown function of a vector of regressors, each of which is multiplied by an unobserved error. We also investigate a more restrictive model which is additive (or additive with interactions) in unknown...
Persistent link: https://www.econbiz.de/10010680873
The share of household resources devoted to children is hard to identify, because consumption is measured at the household level, and goods can be shared. Using semiparametric restrictions on individual preferences within a collective model, we identify how total household resources are divided...
Persistent link: https://www.econbiz.de/10008641443
Resource shares, defined as the fraction of total household spending going to each person in a household, are important for assessing individual material well-being, inequality and poverty. They are difficult to identify because consumption is measured typically at the household level, and many...
Persistent link: https://www.econbiz.de/10012014453