Life satisfaction and household production in a collective model: Evidence from Italy
AbstractThe model takes into account the household production and self reported information is interpreted in relation with the sharing rule governing the bargaining process in the family. Considering that the theoretical framework implies a wide concept of full income, which includes the allocation of time between the spouses, we used the self reported information on whole satisfaction in life. We demonstrate that self reported data on satisfaction are useful in recovering the individual share of the household full income and the relevance of the wages in this bargaining process. We find also that non strictly economic individual variables and some household characteristics are important in explaining the Italian sharing rule.
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Bibliographic InfoPaper provided by ECINEQ, Society for the Study of Economic Inequality in its series Working Papers with number 127.
Length: 32 pages
Date of creation: 2009
Date of revision:
Collective model; Within-household income comparisons; Subjective data; Italy.;
Find related papers by JEL classification:
- D1 - Microeconomics - - Household Behavior
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
- C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
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