Household Consumption When the Marriage Is Stable

Household Consumption When the Marriage Is Stable
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DOI:
10.1257/aer.20151413
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发表时间:
2017-06-01
影响因子:
10.7
通讯作者:
Vermeulen, Frederic
Vermeulen, Frederic
中科院分区:
经济学1区
文献类型:
--
作者:
Cherchye, Laurens;Demuynck, Thomas;Vermeulen, Frederic

文献摘要

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我们开发了一个新的框架来分析婚姻市场对家庭消费的结构性影响。我们定义了婚姻稳定时有效家庭消费的显性偏好特征。我们用家庭内部(消费)转移来描述稳定的婚姻,但没有假设可转移的效用。我们揭示的偏好特征产生了可测试的条件,即使是对每个家庭的单一观察和跨家庭的异质个体偏好。该特征还允许在相同的极简假设下识别家庭内部决策结构(包括共享规则)。对荷兰家庭数据的应用说明了我们理论结果的有效性。
We develop a novel framework to analyze the structural implications of the marriage market for household consumption. We define a revealed preference characterization of efficient household consumption when the marriage is stable. We characterize stable marriage with intrahousehold (consumption) transfers but without assuming transferable utility. Our revealed preference characterization generates testable conditions even with a single observation per household and heterogeneous individual preferences across households. The characterization also allows for identifying the intrahousehold decision structure (including the sharing rule) under the same minimalistic assumptions. An application to Dutch household data illustrates the usefulness of our theoretical results.