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dc.contributor.authorLee, Jungminen_US
dc.date.accessioned2009-01-28T16:14:40Z-
dc.date.available2009-01-28T16:14:40Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/20513-
dc.description.abstractThe leading evidence against the unitary household models is that "who gets what" is significantly dependent upon "who earns how much." However, it is difficult to pin down the causal effect of relative earnings on intra-household resource allocation because households jointly decide both labor supply and consumption. I utilize longitudinal data to analyze the spouse's individual budgets – "pocket money." This unique data set allows for the specification of the simultaneous process of household decision-making in a fully stochastic fashion. By doing this, it is possible to differentiate unobserved spousal bargaining power from heterogeneity at the household level. The results imply that the balance of power between spouses is stable over time and robust to transitory changes in relative earnings. Public policies targeting the disadvantaged within households should be designed and implemented on the long-term basis.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 1250en_US
dc.subject.jelJ1en_US
dc.subject.jelD1en_US
dc.subject.ddc330en_US
dc.subject.keywordintrahousehold resource allocationen_US
dc.subject.keywordcollective household modelsen_US
dc.subject.keywordbargaining poweren_US
dc.subject.stwHaushaltsökonomiken_US
dc.subject.stwFamilieen_US
dc.subject.stwVerhandlungsmachten_US
dc.subject.stwEinkommenen_US
dc.subject.stwSchätzungen_US
dc.subject.stwSüdkoreaen_US
dc.titleObservable and Unobservable Household Sharing Rules : Evidence from Young Couples' Pocket Moneyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn395904854en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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