Showing 1 - 9 of 9
We present a methodology for the structural empirical analysis of household consumption and time use behaviour under marital stability. Our approach is of the revealed preference type and non-parametric, meaning that it does not require a prior functional specification of individual utilities....
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We measure heterogeneity in risk aversion among households in Thai villages using a full risk-sharing model and complement the results with a measure based on optimal portfolio choice. Among households with relatives living in the same village, full insurance cannot be rejected, sug- gesting...
Persistent link: https://www.econbiz.de/10008987550
To understand the household decision-making process regarding food expenditures for children in poor households in Nairobi, we conduct an experiment with 424 married couples. In the experiment, the spouses (individually and jointly) allocated money between themselves and nutritious meals for one...
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In this paper we develop a novel approach to measuring individual welfare within households, recognizing that individuals may have both different preferences (particularly regarding public consumption) and differential access to resources. We construct a money metric measure of welfare that...
Persistent link: https://www.econbiz.de/10015339590
The share of home-cooked food in the diet of UK households declined from the 1980s. This was contemporaneous with a decline in the market price of ingredients for home cooking relative to ready-to-eat foods. We consider a simple model of food consumption and time use which captures the key...
Persistent link: https://www.econbiz.de/10012583535
We provide a method to estimate resource shares - the fraction of total household expenditure allocated to each household member - using OLS estimation of Engel curves. The method is a linear reframing of the nonlinear model of Dunbar, Lewbel and Pendakur (2013), extended to allow single-parent...
Persistent link: https://www.econbiz.de/10012583605