Search Results - subject:"Collective Model"

Economic well-being and poverty among the elderly: an analysis based on a collective consumption model

Cherchye, Laurens; Rock, Bram De; Vermeulen, Frederik - Centrum voor Economische Studiën, Faculteit Economie … - 2008

We apply the collective consumption model of Browning, Chiappori and Lewbel (2006) to analyse economic well-being and poverty among the elderly. The model focuses on individual preferences, a consumption technology that captures the economies of scale of living in a couple, and a sharing rule...

Persistent link: https://www.econbiz.de/10008509945

Heuristics for deciding collectively rational consumption behavior

Nobibon, Fabrice Talla; Cherchye, Laurens; Rock, Bram De; … - Centrum voor Economische Studiën, Faculteit Economie … - 2008

We consider the computational problem of testing whether observed household consumption behavior satisfies the Collective Axiom of Revealed Preferences (CARP). We propose a graph such that the existence of a node-partitioning giving rise to two induced subgraphs that are acyclic implies that the...

Persistent link: https://www.econbiz.de/10005698107

The Changing Intra-Household Resource Allocation in Russia

Lacroix, Guy; Radtchenko, Natalia - Institute for the Study of Labor (IZA) - 2008

spouse. JEL Classification: D1, J22, C5 Keywords: collective model, sharing rule, Russian economic crisis … whole, the behaviour of Russian households can be relatively well approximated by the collective model. 3 The parameters of … RLMS to test the collective model using non-parametric (Integer Programming) tests. Their results indicate the the …

Persistent link: https://www.econbiz.de/10005703019

The Collective Marriage Matching Model: Identification, Estimation and Testing

Choo, Eugene; Seitz, Shannon; Siow, Aloysius - University of Toronto, Department of Economics - 2008

We develop and estimate an empirical collective model with endogenous marriage formation, participation, and family …-household allocation can be recovered from observations on marriage decisions. Introducing the marriage market in the collective model …

Persistent link: https://www.econbiz.de/10005704742

Wage shocks, household labor supply, and income instability

Zhang, Sisi - In: Journal of Population Economics 27 (2014) 3, pp. 767-796

Do married couples make joint labor supply decisions in response to each other’s wage shocks? The study on this question aids in understanding the link between the rising income instability and household insurance. Existing studies on household insurance either focus on consumption smoothing...

Persistent link: https://www.econbiz.de/10010845556

On inequalities for moments and the covariance of monotone functions

Schmidt, Klaus D. - In: Insurance: Mathematics and Economics 55 (2014) C, pp. 91-95

Intuition based on the usual interpretation of the covariance of two random variables suggests that the inequality cov[f(X),g(X)]≥0 should hold for any random variable X and any two increasing functions f and g. The inequality holds indeed, but a proof is hard to find in the literature. In...

Persistent link: https://www.econbiz.de/10011046633

Intrahousehold distribution and poverty: Evidence from Côte d'Ivoire

Bargain, Olivier; Donni, Olivier; Kwenda, Prudence - In: Journal of Development Economics 107 (2014) C, pp. 262-276

collective model of household consumption. Identification relies on the observation of adult-specific goods, as in the Rothbarth …

Persistent link: https://www.econbiz.de/10010753704

Household sharing and commitment : evidence from panel data on individual expenditures and time use

Lise, Jeremy; Yamada, Ken - 2014

. 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

Self-reported economic condition and home production : intra-household allocation in Italy

Mangiavacchi, Lucia; Rapallini, Chiara - In: Bulletin of economic research 66 (2014) 3, pp. 279-304

Persistent link: https://www.econbiz.de/10010399293

Wage shocks, household labor supply, and income instability

Zhang, Sisi - In: Journal of population economics 27 (2014) 3, pp. 767-796

Persistent link: https://www.econbiz.de/10010351425