A Characterization of Collective Individual Expenditure Functions

We examine the properties ensuring that individual expenditure functions, derived within the context of the collective household model, are legitimate individual cost functions. Our curvature results are important for the characterization of collective demand functions as well and for the measurement of inequality within the household.

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Year of publication:	2012-06
Authors:	Menon, Martina ; Pagani, Elisa ; Perali, Federico
Institutions:	Dipartimento di Scienze Economiche, Facoltà di Economia
Subject:	Individual expenditure function \| Collective household model \| Concavity \| Homogeneity

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 20/2012 9 pages long
Classification:	C30 - Econometric Methods: Multiple/Simultaneous Equation Models. General ; D11 - Consumer Economics: Theory ; D12 - Consumer Economics: Empirical Analysis ; D13 - Household Production and Intrahouse Allocation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010700767