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Children are seldom accounted for in household behavioural models. They are usually assumed to have neither the capacity nor the power to influence the household decision process. The literature on collective models has so far incorporated children through the caring preferences of their parents...
Persistent link: https://www.econbiz.de/10008552858
Using the Progresa data from Mexico, we investigate intra-household decision making using a variety of outcomes. We exploit both the experimental nature and the (short) panel dimension of the data to measure the impact of exogenous changes in the intra-household distribution of resources on...
Persistent link: https://www.econbiz.de/10005047711
This paper provides a test of efficiency of consumption decisions in households with many decision-makers. It also presents a method of determining the number of these decision-makers. Information on some distribution factors in needed to implement this approach.
Persistent link: https://www.econbiz.de/10005696446
We non-parametrically test a general collective consumption model with public consumption and externalities inside the household.We further propose a novel approach to model special cases of the general collective model.These special cases include alternative restrictions on the 'sharing rule'...
Persistent link: https://www.econbiz.de/10011092718
Several models of intra-household decision making have been suggested in the literature. We present a framework that includes all suggested models and variants as special cases. We derive the theoretical predictions of these models for the relationship between expenditures on goods and the...
Persistent link: https://www.econbiz.de/10005818476
We estimate a collective household model with survey data on financial satisfaction from the European Community Household Panel. Our estimates suggest that cohabitating individuals enjoy returns to scale in consumption that are towards the larger end of the range of estimates reported in the...
Persistent link: https://www.econbiz.de/10010292958
We show that as household size increases, households substitute away from prepared foods and towards ingredients. They also devote more time to food preparation. These observations (1) are consistent with a simple model with home production, returns to scale in the time input to food...
Persistent link: https://www.econbiz.de/10010292995
The consumption literature uses adult equivalence scales to measure individual level inequality. This practice imposes the assumption that there is no within household inequality. In this paper, we show that ignoring consumption inequality within households produces misleading estimates of...
Persistent link: https://www.econbiz.de/10010293042
The cost of children is a critical parameter used in determining many economic policies. For instance, correctly setting the tax deduction for families with children requires assessing the true household cost of children. Evaluating child poverty at the individual level requires making a clear...
Persistent link: https://www.econbiz.de/10011404963
Widowhood and retirement are likely to change the economic environment of elderly households. While retirement primarily changes income and expenditure patterns, widowhood fundamentally changes the structure of the household. Beside high non-monetary cost of losing the partner, resources are no...
Persistent link: https://www.econbiz.de/10011420616