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We investigate the relationship between the individual and household indirect utility functions in the context of a … collective household model. Our analysis produces new results that explain how the rule governing the distribution of resources … among household members is related to the measurement of household welfare and intra-household inequality. We show that in a …
Persistent link: https://www.econbiz.de/10011856707
because it ignores public good and the allocation of time to market work, leisure and household production. We develop a money … metric measure of welfare that accounts for public goods (by using personalized prices) household production and for the …
Persistent link: https://www.econbiz.de/10013053289
Recently Cherchye et al. (2007a) provided a nonparametric characterization of a general collective model for household … sufficient conditions. We discuss the special case of the household model for which their sufficient conditions are also …
Persistent link: https://www.econbiz.de/10012724993
We provide a nonparametric 'revealed preference' characterization of rational household behavior in terms of the … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The …, monotonicity is testable for the model that assumes all household consumption is public …
Persistent link: https://www.econbiz.de/10013324875
We propose a method to identify bounds (i.e. set identification) on the sharing rule for a general collective household … bounds by applying revealed preference restrictions implied by the collective model to the household's continuous aggregate … assignable within the household, though having such information tightens the bounds. An empirical application demonstrates the …
Persistent link: https://www.econbiz.de/10009539180
We propose a method to identify bounds (i.e. set identification) on the sharing rule for a general collective household … bounds by applying revealed preference restrictions implied by the collective model to the household's continuous aggregate … assignable within the household, though having such information tightens the bounds. An empirical application demonstrates the …
Persistent link: https://www.econbiz.de/10009540122
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … behavior. The method imposes no parametric structure on household decision processes, accounts for unobserved preference … heterogeneity across individuals in different households, and requires only a single consumption observation per household. Our main …
Persistent link: https://www.econbiz.de/10011543531
Resource shares, defined as the fraction of total household spending going to each person in a household, are important … is measured typically at the household level, and many goods are jointly consumed, so that individual-level consumption …
Persistent link: https://www.econbiz.de/10011777995
within a household with multiple individuals. The centralized program is described by a Bergsonian representation of the … household utility function and a household budget constraint, while the decentralized program is described by individual utility … maximization subject to an income allocation among individual. The household income allocation among individuals involves an income …
Persistent link: https://www.econbiz.de/10013024790
that are common in developing countries. Based on a collective household model, we develop a new methodology to identify … 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/10012389002