Showing 41 - 50 of 686,109
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a … wives tend to be more altruistic in comparison to their husbands regarding the intra-household allocation of income, which …
Persistent link: https://www.econbiz.de/10012912744
This paper applies the theory of relational contracts to make precise the idea that because households are engaged in a … specialisation and exchange which exists in the household. The household's choice of a particular solution from the resulting … feasible set is found by the maximisation of a household welfare function, a generalisation of a suggestion originally made by …
Persistent link: https://www.econbiz.de/10003847154
This article considers non-unitary models of household behavior. These models suppose explicitly that households … household behavior in these models are subject to constraints that differ from the traditional Slutsky conditions. In addition …, in a certain number of specific cases, the preferences of the different household members can be identified from …
Persistent link: https://www.econbiz.de/10003923916
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 …
Persistent link: https://www.econbiz.de/10013053293
In this paper an empirical model is developed where the collective household model is used as a basic framework to … describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …
Persistent link: https://www.econbiz.de/10003314675
In this paper an empirical model is developed where the collective household model is used as a basic framework to … describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …
Persistent link: https://www.econbiz.de/10011346466
In this paper, we analyze the nature of intra-household allocations and commitment using unique panel data on … individual-specific within-household consumption expenditures and on time used for leisure, market production and home production …. Specifically we estimate a dynamic collective model of the household in which husbands and wives care about private consumption …
Persistent link: https://www.econbiz.de/10010255369
maximization of household welfare rests on the convexity of the budget sets. However, both the actual tax systems and the tax … specification might provide a reasonable approximation to the current intra-household allocation choices under the current tax rule …
Persistent link: https://www.econbiz.de/10010477880
In this paper an empirical model is developed where the collective household model is used as a basic framework to … describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …
Persistent link: https://www.econbiz.de/10014061599
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 …
Persistent link: https://www.econbiz.de/10013460092