Let's Talk About the Money: Spousal Communication, Expenditures, and Farm Production
利用加纳家庭调查数据，研究夫妻间信息不对称的来源及其对农业生产效率的影响，发现信息问题涉及资源数量、分布和边际分配，导致约15%的生产效率损失。
A burgeoning body of literature highlights asymmetric information among household members. However, little is known about the source of the asymmetry and its effect on efficiency. Using a unique survey of Ghanaian households, we examine the accuracy of spousal cross reports and the effect of discrepancies on farm production. We find that information problems pertain to scale (the quantity of resources) and scope (the distribution of resources), as well as allocation decisions on the margin (Engel curves). Moreover, we find that information asymmetries lead to inefficiency in production, and the effect is equivalent to about 15% of the variation across households.