UCL logo

UCL Discovery

UCL home » Library Services » Electronic resources » UCL Discovery

INCOME AND OUTCOMES - A STRUCTURAL MODEL OF INTRAHOUSEHOLD ALLOCATION

BROWNING, M; BOURGUIGNON, F; CHIAPPORI, PA; LECHENE, V; (1994) INCOME AND OUTCOMES - A STRUCTURAL MODEL OF INTRAHOUSEHOLD ALLOCATION. J POLIT ECON , 102 (6) 1067 - 1096. Green open access

[img]
Preview
PDF
16866.pdf

Download (576kB)

Abstract

There is evidence from several sources that one cannot treat many-person households as a single decision maker. If this is the case, then factors such as the relative incomes of the household members may affect the final allocation decisions made by the household. We develop a method of identifying how ''incomes affect outcomes'' given conventional family expenditure data. The basic assumption we make is that household decision processes lead to efficient outcomes. We apply our method to a sample of Canadian couples with no children. We 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.

Type: Article
Title: INCOME AND OUTCOMES - A STRUCTURAL MODEL OF INTRAHOUSEHOLD ALLOCATION
Open access status: An open access version is available from UCL Discovery
Keywords: HOUSEHOLD, DEMAND
UCL classification: UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of SandHS > Dept of Economics
URI: http://discovery.ucl.ac.uk/id/eprint/16866
Downloads since deposit
1,938Downloads
Download activity - last month
Download activity - last 12 months
Downloads by country - last 12 months

Archive Staff Only

View Item View Item