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We propose novel tools for the analysis of individual welfare on the basis of aggregate household demand behavior. The … method assumes a collective model of household consumption with the public and private nature of goods specified by the … from observed household demand, along with the intra-household sharing rule and the individuals' willingness-to-pay for …
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because it ignores public good and the allocation of time to market work, leisure and household production. We develop a money … metric measure of welfare that accounts for public goods (by using personalized prices) household production and for the …
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We investigate the relationship between the individual and household indirect utility functions in the context of a … collective household model. Our analysis produces new results that explain how the rule governing the distribution of resources … among household members is related to the measurement of household welfare and intra-household inequality. We show that in a …
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Using a nationally representative household survey data set from Ghana, this paper provides empirical evidence … regarding the role of financial inclusion or financial exclusion in household welfare. We first compute a multidimensional index … of financial inclusion, and then we examine the effect of financial inclusion on household welfare. The study finds that …
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