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Standard household economics assumes that couples pool their incomes and share the sum equally, which is a necessary prerequisite for computing equivalent incomes and hence all statements about the distribution of personal incomes and income poverty. However, since cohabitation without marriage...
Persistent link: https://www.econbiz.de/10010896260
Standard household economics assumes that couples pool their incomes and share the sum equally, which is a necessary prerequisite for computing equivalent incomes and hence all statements about the distribution of personal incomes and income poverty. However, since cohabitation without marriage...
Persistent link: https://www.econbiz.de/10010188880
Persistent link: https://www.econbiz.de/10012433379
This paper proposes a simplified model of intrahousehold decision making where cooperative and noncooperative behavior are not mutually exclusive. Individuals choose the optimal share of income they wish to devote towards cooperation, where income is pooled and allocated collectively, and...
Persistent link: https://www.econbiz.de/10010580758