Marital Matching, Economies of Scale, and Intrahousehold Allocations
提出一种非参数方法,利用家庭消费数据识别规模经济,并应用于美国数据揭示家庭内部资源配置模式及婚姻解体时的补偿方案。
We propose a novel nonparametric method to empirically identify economies of scale in multiperson household consumption. We assume consumption technologies that define the public and private nature of expenditures through Barten scales. Our method (solely) exploits preference information revealed by a cross-section of household observations while accounting for fully unobserved preference heterogeneity. An application to data drawn from the US Panel Study of Income Dynamics shows that the method yields informative results on 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.