Loading...
Please wait, while we are loading the content...
Similar Documents
The intrahousehold allocation of private and public consumption theory and evidence from U.S. data
| Content Provider | Library of Congress - Books/Printed Material |
|---|---|
| Author | Donni, Olivier. |
| Spatial Coverage | United States |
| Temporal Coverage | 2006 |
| Abstract | "We adopt the collective approach to consumer behavior with egoistic agents, and assume that the household consumption is either private or public. We then show that (i) household demands have to satisfy testable constraints and (ii) some elements of the decision process can be retrieved from observed behavior. These results are based on a conditional demand ('m-demand') framework in which household demands are directly derived from the marginal rates of substitution. Finally, we present an empirical application using the U.S. Consumer Expenditure Survey. Overall, the data turn out to be consistent with the theoretical model"--Forschungsinstitut zur Zukunft der Arbeit web site. |
| Language | English |
| Publisher | IZA, |
| Publisher Place | Bonn, Germany |
| Part of Series | Catalog |
| Requires | HTML5 supported browser |
| Access Restriction | Open |
| Subject Keyword | Consumer Behavior Consumption (economics) United States |
| Subject Domain (in LCSH) | Consumer behavior--United States |
| Subject Domain (in LCSH) | Consumption (Economics)--United States |
| Subject Domain (in LCC) | HD5701 |
| Content Type | Text |
| Resource Type | Book |
