Tests of Income Pooling on Household Budget Data: The Australian Evidence
AbstractThe unitary household model implies pooling of all individual incomes. This study distinguishes between various types of income pooling and tests them on Australian household income/expenditure data. The tests recognise the endogeneity of both earned and unearned income and are performed using a 3 SLS estimation procedure that allows feedback between the various equations.
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Bibliographic InfoPaper provided by Tasmania - Department of Economics in its series Papers with number 2001-02.
Length: 31 pages
Date of creation: 2001
Date of revision:
Contact details of provider:
Postal: UNIVERSITY OF TASMANIA, DEPARTMENT OF ECONOMICS, HOBART TASMANIA 7001 AUSTRALIA.
Phone: +61 3 6226 7672
Fax: +61 3 6226 7587
Web page: http://www.utas.edu.au/economics-finance/
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INCOME ; POVERTY ; HOUSEHOLD;
Other versions of this item:
- Lancaster, Geoffrey & Ray, Ranjan, 2002. "Tests of Income Pooling on Household Budget Data: The Australian Evidence," Australian Economic Papers, Wiley Blackwell, vol. 41(1), pages 99-114, March.
- C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
- D19 - Microeconomics - - Household Behavior - - - Other
- J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
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- Leilanie Basilio, 2009. "Deciding Who Works Where – An Analysis of the Distribution of Work within Native and Immigrant Families in Australia," Ruhr Economic Papers 0125, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
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