Advanced Search
MyIDEAS: Login

Testing the Behavior of Romanian Households

Contents:

Author Info

  • Pauna, Bianca

    (Center for Macroeconomic Modeling, National Institute for Economic Research, Romanian Academy)

Abstract

This article aims to answer questions related to which model is more adequate to describe the Romanian household’s behavior. There are two types of models, which are used whenever one attempts to model household allocation decision: the common utility model and the collective model. In this paper we test both the implications of the common utility model and the implications of the collective model using Romanian household data. The results are very strong. The common utility model fails to describe accurately the household’s behavior, while the restrictions that the collective model imposes on the demand functions are supported by the Romanian household data.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.ipe.ro/rjef/rjef3_09/rjef3_09_7.pdf
Download Restriction: no

Bibliographic Info

Article provided by Institute for Economic Forecasting in its journal Romanian Journal for Economic Forecasting.

Volume (Year): 6 (2009)
Issue (Month): 3 (September)
Pages: 85-99

as in new window
Handle: RePEc:rjr:romjef:v:6:y:2009:i:3:p:85-99

Contact details of provider:
Postal: Casa Academiei, Calea 13, Septembrie nr.13, sector 5, Bucureşti 761172
Phone: 004 021 3188148
Fax: 004 021 3188148
Email:
Web page: http://www.ipe.ro/
More information through EDIRC

Related research

Keywords: household allocation; common utility model; collective model;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:rjr:romjef:v:6:y:2009:i:3:p:85-99. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Corina Saman).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.