Income and Outcomes: A Structural Model of Intrahousehold Allocation
AbstractThere is evidence that one cannot treat many-person households as a single decisionmaker. If so, then factors such as the relative incomes of the household members may affect the final allocation decisions made by the household. The authors develop a method of identifying how incomes affect outcomes given conventional family expenditure data. They assume that household decision processes lead to efficient outcomes. The authors apply their method to a sample of Canadian couples with no children. They find that the final allocations of expenditures on each partner depend significantly on their relative incomes and ages and on the level of lifetime wealth. Copyright 1994 by University of Chicago Press.
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Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Political Economy.
Volume (Year): 102 (1994)
Issue (Month): 6 (December)
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Web page: http://www.journals.uchicago.edu/JPE/
Other versions of this item:
- Browning, M. & Bourguignon, F. & Chiappori, P.A. & Lechene, V., 1992. "Incomes and Outcomes: A structural Model of Intra-Household Allocation," DELTA Working Papers 92-23, DELTA (Ecole normale supérieure).
- Browning, M & Bourguignon, F & Chiappori, Pa & Lechene, V, 1994. "Income And Outcomes - A Structural Model Of Intrahousehold Allocation," Open Access publications from University College London http://discovery.ucl.ac.u, University College London.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bourguignon, F. & Browning, M. & Chiappori, P.A. & Lechene, V., 1992.
"Intra Household Allocation of Consumption : A Model and Some Evidence from French Data,"
DELTA Working Papers
92-08, DELTA (Ecole normale supérieure).
- François BOURGUIGNON & Martin BROWNING & Pierre-André CHIAPPORI & Valérie LECHENE, 1993. "Intra Household Allocation of Consumption: A Model and some Evidence from French Data," Annales d'Economie et de Statistique, ENSAE, issue 29, pages 137-156.
- Guglielmo WEBER, 1993. "Earnings-Related Borrowing Restrictions: Empirical Evidence from a Pseudo Panel for the U.K," Annales d'Economie et de Statistique, ENSAE, issue 29, pages 157-173.
- Gregory, Allan W & Veall, Michael R, 1985. "Formulating Wald Tests of Nonlinear Restrictions," Econometrica, Econometric Society, vol. 53(6), pages 1465-68, November.
- Blundell, Richard & Pashardes, Panos & Weber, Guglielmo, 1993. "What Do We Learn About Consumer Demand Patterns from Micro Data?," American Economic Review, American Economic Association, vol. 83(3), pages 570-97, June.
- Alderman, H. & Chiappori, P.A. & Haddad, L., 1994.
"Unitary versus Collective Models of the Household: Time to Shift the Burden of Proof?,"
DELTA Working Papers
94-17, DELTA (Ecole normale supérieure).
- Chiappori, Pierre-Andre & Haddad, Lawrence & Hoddinott, John & Kanbur, Ravi, 1993. "Unitary versus collective models of the household : time to shift theburden of proof?," Policy Research Working Paper Series 1217, The World Bank.
- Blundell, Richard William, 1987. "Econometric Approaches to the Specification of Life-Cycle Labour Supply and Commodity Demand Behaviour," CEPR Discussion Papers 150, C.E.P.R. Discussion Papers.
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