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household, and assuming weak separability, we develop reduced-form and structural-form estimation equations that allow us to …
Persistent link: https://www.econbiz.de/10013117946
In this paper, we investigate the link between intra-household resource allocation and familial ties between household …" familial ties (e.g. a nuclear family household) achieve near Pareto efficient allocation of productive resources and Pareto … efficient allocation of consumption while households with "weaker" familial ties (e.g. an extended family household) do not. We …
Persistent link: https://www.econbiz.de/10011439836
the collective approach for household behaviour and the discrete hours choice framework with fixed costs of work. We …
Persistent link: https://www.econbiz.de/10011376279
the collective approach for household behaviour and the discrete hours choice framework with fixed costs of work. We …
Persistent link: https://www.econbiz.de/10011376311
This paper presents a new model of the household that is able to explain a variety of consumption patterns that … household. Empirically, the paper revisits the Deaton-Paxson paradox exploiting household splits in longitudinal data and …
Persistent link: https://www.econbiz.de/10012130253
The literature suggests that the household invests in the human capital of a child member not only for altruistic … is a function of the risk preference of the household head. This paper estimates the effect of parental risk preference … on child labour decisions in the household using recall information on child labour and a risk elicitation question. We …
Persistent link: https://www.econbiz.de/10012200935
production inefficiencies relate to consumption decisions and information sharing within the household. In a lab …-in-the-field experiment, male producers allocate too few inputs to their wife's plot, failing to maximize household aggregate profits. They do … further leads to sharp predictions. Joint contribution to a household public good compels spouses to make efficient production …
Persistent link: https://www.econbiz.de/10012168047
Collective models have become the go-to framework for intra-household allocations. Available empirical collective … models are built for fixed sets of household members and accommodate diversity in household structures with difficulty … naturally to households of all shapes and sizes. An intuitive assumption about how allocations change with household composition …
Persistent link: https://www.econbiz.de/10012116574
There is some controversy in the field of household economics regarding the efficiency of household decisions. We make … the point that a flexible specification of spousal preferences and the household production technology precludes the … possibility of using revealed preference data on household time allocations to determine the manner in which spouses interact …
Persistent link: https://www.econbiz.de/10010201289
We develop a simple model of household time allocation decisions under strong functional form assumptions regarding … preferences and household production technology. We argue that the specification is general when allowing for unrestrictive forms … market hours and time spent in household production, we estimate the marginal distribution of male and female characteristics …
Persistent link: https://www.econbiz.de/10003158648