Showing 1 - 10 of 741
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
Persistent link: https://www.econbiz.de/10011672477
Persistent link: https://www.econbiz.de/10012543359
Persistent link: https://www.econbiz.de/10003728495
Persistent link: https://www.econbiz.de/10003730540
Persistent link: https://www.econbiz.de/10003777900
We provide a nonparametric 'revealed preference' characterization of rational household behavior in terms of the collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a Collective Axiom of Revealed Preference (CARP), which provides...
Persistent link: https://www.econbiz.de/10003771615
Persistent link: https://www.econbiz.de/10003809323
Persistent link: https://www.econbiz.de/10003824494
Persistent link: https://www.econbiz.de/10003884362