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Estimating a Collective Household Model with Survey Data on Financial Satisfaction
Estimating a Collective Household Model with Survey Data on Financial Satisfaction
We estimate a collective household model with survey data on financial satisfaction from the European Community Household Panel. Our estimates suggest that cohabitating individuals enjoy returns to scale in consumption that are towards the larger end of the range of estimates reported in the literature. They also suggest that the share of household income provided by the female partner is a significant determinant of her share of household consumption in most countries of the countries we study.
collective household models, returns to scale, consumption
collective household models, returns to scale, consumption
16 references, page 1 of 2
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- Funder: Social Sciences and Humanities Research Council (SSHRC)
We estimate a collective household model with survey data on financial satisfaction from the European Community Household Panel. Our estimates suggest that cohabitating individuals enjoy returns to scale in consumption that are towards the larger end of the range of estimates reported in the literature. They also suggest that the share of household income provided by the female partner is a significant determinant of her share of household consumption in most countries of the countries we study.