Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich - Center for Financial Studies - 2008
way a single representative household would behave. This analytical approach requires that incentives of the poor and the … household. The analytical approach of modern macroeconomics would require that intra-household sharing is also strictly aligned … across the rich and the poor. Here we have designed a survey method that allows the testing of this stringent property of …