Income and Outcomes: A Structural Model of Intrahousehold Allocation
提出一种方法,利用家庭支出数据识别家庭成员相对收入如何影响最终分配,并应用于加拿大无子女夫妇样本,发现支出分配显著取决于相对收入、年龄和终身财富水平。
There is evidence that one cannot treat many-person households as a single decisionmaker. If so, then factors such as the relative incomes of the household members may affect the final allocation decisions made by the household. The authors develop a method of identifying how incomes affect outcomes given conventional family expenditure data. They assume that household decision processes lead to efficient outcomes. The authors apply their method to a sample of Canadian couples with no children. They 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. Copyright 1994 by University of Chicago Press.