Gender and Say: a Model of Household Behaviour with Endogenously Determined Balance of Power
AbstractThe evidence that the same income can lead to different household decisions, depending on who the earner is, has led to an effort to replace the standard household model with the 'collective model', which recognises that a household's decisions depend on the power balance between the husband and the wife. This article recognises that the power balance can, in turn, depend on the decisions made. A new 'household equilibrium' and its dynamics are described and it is shown that there can be multiple equilibria in female labour-supply, and that child labour can decline and rise as the wife's power increases. Copyright 2006 Royal Economic Society.
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Bibliographic InfoArticle provided by Royal Economic Society in its journal The Economic Journal.
Volume (Year): 116 (2006)
Issue (Month): 511 (04)
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Other versions of this item:
- Kaushik Basu, 2004. "Gender and Say A Model of Household Behavior with Endogenously-determined Balance of Power," Harvard Institute of Economic Research Working Papers 2054, Harvard - Institute of Economic Research.
- Basu, Kaushik, 2001. "Gender and Say: A Model of Household Behavior with Endogenously-Determined Balance of Power," Working Papers 01-01, Cornell University, Center for Analytic Economics.
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