The Empirical Content of Nash- Bargained Household Behavior

The Empirical Content of Nash- Bargained Household Behavior
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DOI:
10.2307/145667
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发表时间:
1990
影响因子:
5.2
通讯作者:
M. McElroy
M. McElroy
中科院分区:
经济学1区
文献类型:
--
作者:
M. McElroy

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在分配决策可以表示为纳什交易家庭决策的家庭中,家庭外环境参数(EEPs)是威胁点的纯粹移位者。文中给出了由于这些经济效益变化而引起的需求变化的比较统计数字。这些被纳入纳什交易家庭行为经验内容的综合陈述,包括对Barten(1966)消费者需求理论基本矩阵方程的纳什概括。估计和数据需求与以下结构的嵌套测试一起讨论:新古典模型嵌套在纳什交易模型中,而纳什交易模型又嵌套在家庭需求的无限制模型中。自始至终强调的是纳什模型为需求分析提供了丰富的解释变量菜单,以及该模型联合分析(i)家庭形成和(ii)家庭内部分配决策的能力。
In households whose allocation decisions can be represented as Nash-bargained household decisions, extrahousehold environmental parameters (EEPs) serve as pure shifters of the threat points. The comparative statics of changes in demands due to changes in these EEPs are given. These are incorporated into a comprehensive statement of the empirical content of Nash-bargained household behavior, including a Nash generalization of Barten's (1966) fundamental matrix equation of the theory of consumer demand. Estimation and data requirements are discussed along with nested testing of the following structure: the neoclassical model is nested in the Nash-bargained model which, in turn, is nested in an unrestricted model of household demands. Emphasized throughout is the enriched menu of explanatory variables for demand analysis provided by the Nash model, as well as the model's ability to jointly analyze (i) household formation and (ii) intrahousehold allocation decisions.