Identification of random resource shares in collective households without preference similarity restrictions / by Geoffrey R. Dunbar, Arthur Lewbel and Krishna Pendakur. : FB3-5/2017-45E-PDF

"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.

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Renseignements sur la publication
Ministère/Organisme Bank of Canada.
Titre Identification of random resource shares in collective households without preference similarity restrictions / by Geoffrey R. Dunbar, Arthur Lewbel and Krishna Pendakur.
Titre de la série Bank of Canada staff working paper, 1701-9397 ; 2017-45.
Type de publication Série - Voir l'enregistrement principal
Langue [Anglais]
Format Électronique
Document électronique
Note(s) "October 2017."
Includes bibliographical references.
Text in English, abstract in English and French.
Information sur la publication Ottawa : Bank of Canada, 2017.
Auteur / Contributeur Dunbar, Geoffrey R.
Lewbel, Arthur.
Pendakur, Krishna Murthy.
Description ii, 46 p.
Numéro de catalogue
  • FB3-5/2017-45E-PDF
Descripteurs Household finance
Poverty
Markets
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