Showing 1 - 10 of 807
on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …
Persistent link: https://www.econbiz.de/10013158087
private consumption of market goods. They also depend on the consumption of domestic goods, which are produced by combining … collective model. We obtain interesting (and plausible) empirical results. Spousesメ preferences depend on the consumption of …
Persistent link: https://www.econbiz.de/10013137791
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … collective households with consumption technologies that define the public and private nature of expenditures through Barten … scales. Our method recovers the technology by solely exploiting preference information revealed by households' consumption …
Persistent link: https://www.econbiz.de/10012982107
model of the household with consumption, production and revealed preference conditions for stability on the marriage market …. We define marital instability in terms of the consumption gains to remarrying another individual in the same marriage … market, and to being single. We find that a 1 percentage point increase in the wife's estimated consumption gains from …
Persistent link: https://www.econbiz.de/10012995592
consumption model. Unlike the effects of distribution factors, it is well known that the level of the sharing rule cannot be …
Persistent link: https://www.econbiz.de/10013105992
collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The … same non-testability conclusion holds for privateness (with or without externalities) or publicness of consumption. By …
Persistent link: https://www.econbiz.de/10013324875
The implementation of Gary Becker's (1965) time allocation model is hampered by the fact that values of the different time uses are usually not observed. In practice, one often assumes that the value of time is uniform across time uses by using market wages. This approach implies a fundamental...
Persistent link: https://www.econbiz.de/10013023397
consumption. In this paper, we study individual consumption in different types of households, with a focus on family structures … the intra-household allocation of resources and the extent of consumption sharing. We apply our methodology using data … existing poverty calculations that ignore either intra-household inequality or economies of scale in consumption, ours take …
Persistent link: https://www.econbiz.de/10013314788
We extend the nonparametric 'revealed preference' methodology for analyzing collective consumption behavior (with … consumption externalities and public consumption), to render it useful for empirical applications that deal with welfare … preferences of the group members (in terms of consumption externalities and public consumption); and we show that these testing …
Persistent link: https://www.econbiz.de/10013316820
We adopt the collective approach to consumer behavior with egoistic agents, and assume that the household consumption …
Persistent link: https://www.econbiz.de/10012778470