Intra Household Allocation of Consumption: A Model and some Evidence from French Data
The goal of this paper is twofold. First, we reproduce upon French data previous tests of the so-called "income pooling" hypothesis, a consequence of traditional models of household behaviour according to which only total income -- and not income distribution across members -- should matter. We find that income pooling is rejected: for a given level of total income, the share of husband's and wife's own income significantly affects the structure of consumption. Our second purpose is more innovative. We construct a theoretical model of collective decision making, based upon the efficiency assumption of collective decision making. Both our setting and the traditional, household preference model can be nested within a family of functional forms. The collective model generates specific restrictions upon the parameters that can the tested. Those restrictions turn out not to be rejected by the data.
Volume (Year): (1993)
Issue (Month): 29 ()
|Contact details of provider:|| Postal: |
Web page: http://annals.ensae.fr/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:adr:anecst:y:1993:i:29:p:07. 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: (Pierre Picard)
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.