Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/173217 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
GLO Discussion Paper No. 166
Verlag: 
Global Labor Organization (GLO), Maastricht
Zusammenfassung: 
This paper presents a new model of the household that is able to explain a variety of consumption patterns that existing models cannot describe, most notably, those associated with the Deaton and Paxson (1998) paradox. The most distinctive feature of this model is the presence of common-pool goods (rival and non-excludable) previously ignored in the literature. Under regularity conditions, the model can be interpreted as a hybrid between non-cooperative and a collective models of the household. Empirically, the paper revisits the Deaton-Paxson paradox exploiting household splits in longitudinal data and computes the elusive indifference scales coefficients.
Schlagwörter: 
sharing model
collective model
intra-household allocation
Deaton-Paxson paradox
household economies of scale
indifference scales
JEL: 
D13
J12
O15
Dokumentart: 
Working Paper

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