This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … leads to wealth inequalities. However, the intra-household processes appear to be efficient in terms of welfare, as … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a …

for consumption of the individual worker. However, most household panel surveys contain consumption information only at … the household level. We show that proxying individual consumption by household consumption biases estimated Frisch … elasticities downward as limited commitment in the household induces individual consumption to behave differently from household …

This paper studies household labor supply, within the context of an intertemporal collective model, and three prominent … all three alternatives based on how contemporary and historical changes to the economic environment affect household …

intra-household non-commitment, limited commitment, and full commitment. It investigates whether, after controling for … labor supply in exactly the way predicted by theory, as spouses' past wage deviations have a negative impact on their labor … supply and a positive impact on their spouses'. In addition, wives' past wage shocks also impact negatively household public …

lifecycle collective model of the household, through which it characterizes behavior in three prominent alternative types of … contemporaneous and historical news affect household behavior. Our test permits heterogeneity in the degree of commitment across …

associated with spousal commuting, household earnings, and wealth, while higher expenditures are linked to longer commutes, but …. This paper offers an alternative view by using a household model as the theoretical basis to explore the interconnectedness …

(2002) to an intertemporal setting. We first develop a theoretical model to analyze the intra-household distribution of … wealth in a multi-period framework, with a focus on labor supply and marriage markets. The model allows us to derive a … setting. We show that wages are positively related to household labor supply, although cross and lagged effects show negative …

(2002) to an intertemporal setting. We first develop a theoretical model to analyze the intra-household distribution of … wealth in a multi-period framework, with a focus on labor supply and marriage markets. The model allows us to derive a … setting. We show that wages are positively related to household labor supply, although cross and lagged effects show negative …

Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element …, measures of inequality that ignore intra household allocations are both incomplete and misleading. We discuss determinants of … intra household allocation of resources and welfare. We show how the sharing rule, which characterizes the within household …