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008171129s2017    onc    #ob   f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
043 |an-cn---
0861 |aFB3-5/2017-45E-PDF
1001 |aDunbar, Geoffrey R.
24510|aIdentification of random resource shares in collective households without preference similarity restrictions |h[electronic resource] / |cby Geoffrey R. Dunbar, Arthur Lewbel and Krishna Pendakur.
260 |aOttawa : |bBank of Canada, |c2017.
300 |aii, 46 p.
4901 |aBank of Canada staff working paper, |x1701-9397 ; |v2017-45.
500 |a"October 2017."
504 |aIncludes bibliographical references.
520 |a"Resource shares, defined as the fraction of total household spending going to each person in a household, are important for assessing individual material well-being, inequality and poverty. They are difficult to identify because consumption is measured typically at the household level, and many goods are jointly consumed, so that individual-level consumption in multi-person households is not directly observed. We consider random resource shares, which vary across observationally identical households. We provide theorems that identify the distribution of random resource shares across households, including children’s shares. We also provide a new method of identifying the level of fixed or random resource shares that does not require previously needed preference similarity restrictions or marriage market assumptions. Our results can be applied to data with or without price variation. We apply our results to households in Malawi, estimating the distributions of child and female poverty across households."--Abstract, p. ii.
546 |aText in English, abstract in English and French.
69207|2gccst|aHousehold finance
69207|2gccst|aPoverty
69207|2gccst|aMarkets
7001 |aLewbel, Arthur.
7001 |aPendakur, Krishna Murthy.
7102 |aBank of Canada.
830#0|aStaff working paper (Bank of Canada)|x1701-9397 ; |v2017-45.|w(CaOODSP)9.806221
85640|qPDF|s721 KB|uhttps://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-5-2017-45-eng.pdf