Marital Matching, Economies of Scale and Intrahousehold Allocations

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Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Marital Matching, Economies of Scale and Intrahousehold Allocations by : L. Cherchye

Download or read book Marital Matching, Economies of Scale and Intrahousehold Allocations written by L. Cherchye and published by . This book was released on 2016 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: We propose a novel structural method to empirically identify economies of scale in household consumption. We assume collective households with consumption technologies that define the public and private nature of expenditures through Barten scales. Our method recovers the technology by solely exploiting preference information revealed by households' consumption behavior. The method imposes no parametric structure on household decision processes, accounts for unobserved preference heterogeneity across individuals in different households, and requires only a single consumption observation per household. Our main identifying assumption is that the observed marital matchings are stable. We apply our method to data drawn from the US Panel Study of Income Dynamics (PSID), for which we assume that similar households (in terms of observed characteristics like age or region of residence) operate on the same marriage market and are characterized by a homogeneous consumption technology. This application shows that our method yields informative results on the nature of scale economies and intrahousehold allocation patterns. In addition, it allows us to define individual compensation schemes required to preserve the same consumption level in case of marriage dissolution or spousal death.

Matching with Transfers

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Publisher : Princeton University Press
ISBN 13 : 0691203504
Total Pages : 262 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Matching with Transfers by : Pierre-André Chiappori

Download or read book Matching with Transfers written by Pierre-André Chiappori and published by Princeton University Press. This book was released on 2020-05-26 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past few decades, matching models, which use mathematical frameworks to analyze allocation mechanisms for heterogeneous products and individuals, have attracted renewed attention in both theoretical and applied economics. These models have been used in many contexts, from labor markets to organ donations, but recent work has tended to focus on "nontransferable" cases rather than matching models with transfers. In this important book, Pierre-André Chiappori fills a gap in the literature by presenting a clear and elegant overview of matching with transfers and provides a set of tools that enable the analysis of matching patterns in equilibrium, as well as a series of extensions. He then applies these tools to the field of family economics and shows how analysis of matching patterns and of the incentives thus generated can contribute to our understanding of long-term economic trends, including inequality and the demand for higher education.

Economics of the Family

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Publisher : Cambridge University Press
ISBN 13 : 1107728924
Total Pages : 511 pages
Book Rating : 4.1/5 (77 download)

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Book Synopsis Economics of the Family by : Martin Browning

Download or read book Economics of the Family written by Martin Browning and published by Cambridge University Press. This book was released on 2014-06-05 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: The family is a complex decision unit in which partners with potentially different objectives make consumption, work and fertility decisions. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. This book provides a comprehensive, modern and self-contained account of the research in the growing area of family economics. The first half of the book develops several alternative models of family decision making. Particular attention is paid to the collective model and its testable implications. The second half discusses household formation and dissolution and who marries whom. Matching models with and without frictions are analyzed and the important role of within-family transfers is explained. The implications for marriage, divorce and fertility are discussed. The book is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family.

A Research Agenda for Financial Resources within the Household

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Publisher : Edward Elgar Publishing
ISBN 13 : 1802204008
Total Pages : 285 pages
Book Rating : 4.8/5 (22 download)

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Book Synopsis A Research Agenda for Financial Resources within the Household by : Fran Bennett

Download or read book A Research Agenda for Financial Resources within the Household written by Fran Bennett and published by Edward Elgar Publishing. This book was released on 2024-01-18 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This cross-disciplinary Research Agenda offers an in-depth exploration into financial resources within households, focussing specifically on how they are managed, how they are distributed and with what results. Bringing together an array of leading experts from the Global South and North, this Research Agenda examines the challenges facing researchers in this area, investigates developments in the field and analyses how research interacts with current public policy.

Time Use in Economics

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Publisher : Emerald Group Publishing
ISBN 13 : 1837536066
Total Pages : 270 pages
Book Rating : 4.8/5 (375 download)

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Book Synopsis Time Use in Economics by : Daniel S. Hamermesh

Download or read book Time Use in Economics written by Daniel S. Hamermesh and published by Emerald Group Publishing. This book was released on 2023-12-14 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Time Use in Economics contains original research on new aspects of time use compiled by Daniel S. Hamermesh, a long-time path-breaking labor economist leader in analyzing time use data, and Solomon W. Polachek, a pioneer in gender-related labor market research.

Demographic Change and Long-Run Development

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Publisher : MIT Press
ISBN 13 : 0262341670
Total Pages : 367 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Demographic Change and Long-Run Development by : Matteo Cervellati

Download or read book Demographic Change and Long-Run Development written by Matteo Cervellati and published by MIT Press. This book was released on 2017-10-27 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent approaches to economic demography, investigating the effect of the transition to low mortality and low fertility on economic development. Over the last two hundred years, mortality and fertility levels in the Western world have dropped to unprecedented levels. This demographic transition was accompanied by an economic transition that led to widespread education and economic growth after centuries of near-stagnation. At the same time, other changes have occurred in family structures, culture, and the organization of society. Economists have only recently begun to take into account the demographic transition from high mortality and high fertility when modeling and researching economic development. This CESifo volume reviews recent approaches to economic demography, considering such topics as the bio-geographic origins of comparative development differences, the role of health improvements and mortality decline, as well as physiological, familial, cultural, and social aspects. After an overview of the study of demography and economic demography, the chapters cover subjects including the Neolithic era and the period of the formation of states and social institutions; longevity and economic growth; household decision making and fertility; land inequality, education, and marriage in nineteenth century Prussia; and caste systems and technology in pre-modern societies. The book concludes with a call for further investigation of the institutional and social factors that influence demographics and economies, suggesting that unified growth theory offers a potential approach to studying development. Contributors Matteo Cervellati, Francesco Cinnirella, David de la Croix, Carl-Johann Dalgaard, Matthias Doepke, Elena Esposito, Davide Fiaschi, Tamara Fioroni, Oded Galor, Boris Gershman, Erik Hornung, Fabian Kindermann, Nils-Petter Lagerlöf, Holger Strulik, Uwe Sunde, David N. Weil

Handbook of the Economics of the Family

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Publisher : Elsevier
ISBN 13 : 0323899668
Total Pages : 536 pages
Book Rating : 4.3/5 (238 download)

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Book Synopsis Handbook of the Economics of the Family by :

Download or read book Handbook of the Economics of the Family written by and published by Elsevier. This book was released on 2023-03-23 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of the Economics of the Family, Volume One includes comprehensive surveys of the current state of the economics literaure in the field, prepared by leading scholars, with a particular empahsis on the most recent developments in each area. Chapters cover Culture and the family; Mating markets; Household decisions and intra-household distributions; The economics of fertility: a new era; Families, labor markets, and policy; Family background, neighborhoods, and intergenerational mobility; The great transition: Kuznets facts for family-economists; An institutional perspective on the economics of the family. An economics approach to changing family arrangements Understanding of inequality and intergenerational mobility Evolution of gender roles within families and across societies

He says, she says: Exploring patterns of spousal agreement in Bangladesh

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Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4./5 ( download)

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Book Synopsis He says, she says: Exploring patterns of spousal agreement in Bangladesh by : Ambler, Kate

Download or read book He says, she says: Exploring patterns of spousal agreement in Bangladesh written by Ambler, Kate and published by Intl Food Policy Res Inst. This book was released on 2017-03-09 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Participation in household decisions and control over assets are often used as indicators of bargaining power. Yet spouses do not necessarily provide the same answers to questions about these topics. We examine differences in spouses’ answers to questions regarding who participates in decisions about household activities, who owns assets, and who decides to purchase assets. Disagreement is substantial and systematic, with women more likely to report joint ownership or decision making and men more likely to report sole male ownership or decision making. Analysis of correlations between agreement and women’s well-being finds that agreement on joint decision making/ownership is generally positively associated with beneficial outcomes for women compared with agreement on sole male decision making/ownership. Cases of disagreement where women recognize their involvement but men do not are also positively associated with good outcomes for women, but often to a lesser extent than when men agree that women are involved.

Taxation and Labour Supply

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Publisher : Routledge
ISBN 13 : 0429655851
Total Pages : 402 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Taxation and Labour Supply by : C. V. Brown

Download or read book Taxation and Labour Supply written by C. V. Brown and published by Routledge. This book was released on 2018-12-07 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1981. This book reports on a decade of research into the effects of taxation on the supply of labour. In addition to their work in making labour supply estimates, the study explores a number of the ways labour supply estimates can be used. When budget constraints are non-linear it is not possible to estimate the effects of (tax) or other policy changes from knowledge of labour supply elasticities alone, and it is necessary to re-estimate the original model used to derive the estimates. The implications of labour supply estimates for the study of inequality and optimal taxation are considered. Macro-economic models of the economy typically omit labour supply functions or include functions which are inconsistent with micro-economic work on labour supply. This book will appeal to academic economists, senior students and policy-makers in the field of public finance and labour economics, who will find much of interest from both the theoretical and policy standpoints.

On The Economics Of Marriage

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Publisher : Routledge
ISBN 13 : 1000306461
Total Pages : 369 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis On The Economics Of Marriage by : Shoshana Grossbard-schectman

Download or read book On The Economics Of Marriage written by Shoshana Grossbard-schectman and published by Routledge. This book was released on 2019-07-11 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marriage is an institution that plays a central role in most societies. As it affects decisions regarding labor supply, consumption, reproduction, and other important decisions, marriage receives considerable attention in academic circles. Much research has been done about marriage, principally by sociologists, psychologists, and anthropologists.

Handbook of Development Economics

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Publisher : Elsevier
ISBN 13 : 0444823026
Total Pages : 1055 pages
Book Rating : 4.4/5 (448 download)

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Book Synopsis Handbook of Development Economics by : Hollis Burnley Chenery

Download or read book Handbook of Development Economics written by Hollis Burnley Chenery and published by Elsevier. This book was released on 1988 with total page 1055 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbooks of development economics/ edit. Chenery.-v.1.

Collective Household Consumption Behavior

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Publisher : Foundations & Trends
ISBN 13 : 9781601985361
Total Pages : 90 pages
Book Rating : 4.9/5 (853 download)

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Book Synopsis Collective Household Consumption Behavior by : Laurens Cherchye

Download or read book Collective Household Consumption Behavior written by Laurens Cherchye and published by Foundations & Trends. This book was released on 2012-03 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collective Household Consumption Behavior: Revealed Preference Analysis presents a nonparametric `revealed preference' methodology for analyzing collective consumption behavior in practical applications, while possibly accounting for externalities, public consumption and the use of assignable quantity information. Collective Household Consumption Behavior: Revealed Preference Analysis considers two types of collective models: The general collective model considers general preferences of the individual household members, which allow for externalities and public consumption within the household. The special collective models that do not allow for consumption externalities. After the introduction, section 2 sets the stage by introducing the revealed preference characterizations of the unitary model. Section 3 presents a collective model that allows for general individual preferences and discusses its revealed preference characterization. Sections 4 and 5 show how to bring this theoretical characterization to observational data. More specifically, Section 4 introduces the mixed integer programming characterizations for special collective models that impose restrictions on the household members' preferences. Section 5 does the same for the general collective model. Throughout Section 2 to Section 5, the authors illustrate the most relevant concepts by means of numerical examples. In Section 6 we subsequently illustrate our main results for data drawn from the Russian Longitudinal Monitoring Survey.

Demographic Change and Long-Run Development

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Publisher : MIT Press
ISBN 13 : 0262036622
Total Pages : 367 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Demographic Change and Long-Run Development by : Matteo Cervellati

Download or read book Demographic Change and Long-Run Development written by Matteo Cervellati and published by MIT Press. This book was released on 2017-10-20 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent approaches to economic demography, investigating the effect of the transition to low mortality and low fertility on economic development. Over the last two hundred years, mortality and fertility levels in the Western world have dropped to unprecedented levels. This demographic transition was accompanied by an economic transition that led to widespread education and economic growth after centuries of near-stagnation. At the same time, other changes have occurred in family structures, culture, and the organization of society. Economists have only recently begun to take into account the demographic transition from high mortality and high fertility when modeling and researching economic development. This CESifo volume reviews recent approaches to economic demography, considering such topics as the bio-geographic origins of comparative development differences, the role of health improvements and mortality decline, as well as physiological, familial, cultural, and social aspects. After an overview of the study of demography and economic demography, the chapters cover subjects including the Neolithic era and the period of the formation of states and social institutions; longevity and economic growth; household decision making and fertility; land inequality, education, and marriage in nineteenth century Prussia; and caste systems and technology in pre-modern societies. The book concludes with a call for further investigation of the institutional and social factors that influence demographics and economies, suggesting that unified growth theory offers a potential approach to studying development. Contributors Matteo Cervellati, Francesco Cinnirella, David de la Croix, Carl-Johann Dalgaard, Matthias Doepke, Elena Esposito, Davide Fiaschi, Tamara Fioroni, Oded Galor, Boris Gershman, Erik Hornung, Fabian Kindermann, Nils-Petter Lagerlöf, Holger Strulik, Uwe Sunde, David N. Weil

Handbook of Development Economics

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Publisher : Elsevier
ISBN 13 : 0080569420
Total Pages : 1055 pages
Book Rating : 4.0/5 (85 download)

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Book Synopsis Handbook of Development Economics by : T. Paul Schultz

Download or read book Handbook of Development Economics written by T. Paul Schultz and published by Elsevier. This book was released on 2008-03-04 with total page 1055 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of development economics has evolved since volume 3 of the Handbook of Development Economics was published more than a decade ago. Volume 4 takes stock of some of the newer trends and their implications for research in the field and our understanding of economic development. The handbook is divided into four sections which reflect these developments, of which the first deals with agricultural and rural development. Section two is concerned with developments in the theory and evidence regarding public goods and political economy. The third section is focused on the behavior of households and individuals regarding various aspects of human capital investments, in the face of the various constraints, particularly market incentives and public goods. The final section contains papers that describe the different methods now available, both experimental and non-experimental, to conduct program evaluations, as well as describing papers that implement these methods. The authors of the chapters are all experts in the fields they survey and extend, and this volume promises to be an invaluable addition to the Handbooks in Economics series and a useful reference to graduate students, researchers and professionals in the field of development economics. Presents an accurate, self-contained survey of the current state of the field Summarizes the most recent discussions in journals, and elucidates new developments Although original material is also included, the main aim is the provision of comprehensive and accessible surveys

Groups and Markets

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Publisher : Springer
ISBN 13 : 331960516X
Total Pages : 183 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Groups and Markets by : Hans Gersbach

Download or read book Groups and Markets written by Hans Gersbach and published by Springer. This book was released on 2017-07-29 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph studies multi-member households or, more generally, socio-economic groups from a purely theoretical perspective and within a general equilibrium framework, in contrast to a sizeable empirical literature. The approach is based on the belief that households, their composition, decisions and behavior within a competitive market economy deserve thorough examination. The authors set out to link the formation, composition, decision-making, and stability of households. They develop general equilibrium models of pure exchange economies in which households can have several, typically heterogeneous members and act as collective decision-making units on the one hand and as competitive market participants on the other hand. Moreover, the more advanced models combine traditional exchange (markets for commodities) and matching (markets for people or partners) and develop implications for welfare, social structures, and economic policy. In the field of family economics, Hans Haller and Hans Gersbach have pioneered a ‘market’ approach that applies the tools of general equilibrium theory to the analysis of household behavior. This very interesting book presents an overview of their methods and results. This is an inspiring work. Pierre-André Chiappori, Columbia University, USA The sophisticated, insightful and challenging analysis presented in this book extends the theory of the multi-person household along an important but relatively neglected dimension, that of general equilibrium theory. It also challenges GE theorists themselves to follow Paul Samuelson in taking seriously the real attributes of that fundamental building block, the household, as a social group whose decisions may not satisfy the standard axioms of individual choice. This synthesis and extension of their earlier work by Gersbach and Haller will prove to be a seminal contribution in its field. Ray Rees, LMU Munich, Germany

Two-Sided Matching

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Publisher : Cambridge University Press
ISBN 13 : 1107782430
Total Pages : 288 pages
Book Rating : 4.1/5 (77 download)

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Book Synopsis Two-Sided Matching by : Alvin E. Roth

Download or read book Two-Sided Matching written by Alvin E. Roth and published by Cambridge University Press. This book was released on 1992-06-26 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two-sided matching provides a model of search processes such as those between firms and workers in labor markets or between buyers and sellers in auctions. This book gives a comprehensive account of recent results concerning the game-theoretic analysis of two-sided matching. The focus of the book is on the stability of outcomes, on the incentives that different rules of organization give to agents, and on the constraints that these incentives impose on the ways such markets can be organized. The results for this wide range of related models and matching situations help clarify which conclusions depend on particular modeling assumptions and market conditions, and which are robust over a wide range of conditions. 'This book chronicles one of the outstanding success stories of the theory of games, a story in which the authors have played a major role: the theory and practice of matching markets ... The authors are to be warmly congratulated for this fine piece of work, which is quite unique in the game-theoretic literature.' From the Foreword by Robert Aumann

intrahousehold resource allocation

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 94 pages
Book Rating : 4./5 ( download)

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Book Synopsis intrahousehold resource allocation by : Lawrence Haddad

Download or read book intrahousehold resource allocation written by Lawrence Haddad and published by World Bank Publications. This book was released on with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: