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How much income would a woman living alone require to attain the same standard of living that she would have if she were married? What percentage of a married couple's expenditures are controlled by the husband? How much money does a couple save on consumption goods by living together versus...
Persistent link: https://www.econbiz.de/10010711479
When economic theory suggests a log-linear specification for individual agents, e.g., Cobb-Douglas production, it is common to estimate the same log-linear model with aggregate data, invoking a representative agent assumption and thereby assuming away aggregation errors. This paper gives...
Persistent link: https://www.econbiz.de/10005167912
Persistent link: https://www.econbiz.de/10005672789
This paper shows that most methods of incorporating demographic variation into separable models can be represented in a form that is identical to Barten equivalence scales, except that the scales themselves depend on the exact mix of goods that comprise each group, as well as on demographic...
Persistent link: https://www.econbiz.de/10005672823